Dubai: Veteran Indian businessman Vasu Shroff has passed away, Maa Gulf News confirmed. The founder of Regal Traders, established in 1952, died of natural causes at the age of 85, according to company officials.

In a statement, the Shroff family expressed their grief, saying, “With deep regret, we inform of the sad demise of our beloved father.” They also shared that prayers will be held for the departed soul.

The funeral is scheduled for April 27 at 4:30 pm at the New Sonapur Crematorium in Dubai. The family has requested privacy during this time and noted that the cremation will be attended by men only.

A pioneer in the UAE’s textile trade, Shroff was a prominent figure in the country’s business and community circles. Beyond his business achievements, he played a significant role in community development, contributing to the establishment of The Indian High School and supporting institutions such as the India Club.

He also made notable contributions to the development of Hindu temples in Dubai and supported schools, hospitals, and spiritual initiatives worldwide.

Following his passing, condolences have been pouring in from friends, associates, and well-wishers.