The business communities of the United Arab Emirates and India have been plunged into mourning following the sudden and tragic death of renowned entrepreneur and philanthropist Dr. CJ Roy. The prominent figure, who served as founder and chairman of Confident Group, passed away during an income tax raid at his office premises in India on Friday, January 30, 2026.
According to reports from Indian media and confirmed by family friends, the multimillionaire’s death is being investigated as a possible suicide after a gunshot was heard from his office room. The circumstances surrounding the incident have sent shockwaves through business circles in both nations where Dr. Roy maintained significant operations and personal relationships.
Close associates remembered the businessman as an extraordinarily generous individual deeply committed to both his family and community. Dubai restaurateur Shaijil Hussain, a long-time friend, expressed profound disbelief upon hearing the news. “I didn’t believe it initially,” Hussain told Khaleej Times. “I immediately went to his house in Emirates Hills. That is when I realized the tragic news was true.”
Hussain described his final interactions with Dr. Roy, noting that just last week they had discussed a potential restaurant venture in Bangalore. “He sounded very positive about the project and insisted I do it in one of his buildings,” Hussain recalled. “That is how he was—always ready to help anyone.”
The businessman’s philanthropic legacy was highlighted by Nizar Thalangara, President of the Indian Association Sharjah, who noted Dr. Roy’s role as main sponsor for KMCC UAE’s project providing free heart surgeries to 100 underprivileged people in Kerala. “He was someone who was the source of livelihood for tens of thousands of people and a beacon of hope for an entire generation,” Thalangara stated.
Personal friends emphasized Dr. Roy’s devotion to his family. Faizal Malabar, who became close with the entrepreneur over the past year, described him as “someone with a very generous heart” who was “always ready to help those close to him.” Paul, a Dubai-based architect who designed Dr. Roy’s Emirates Hills residence, characterized the death as “truly an unbelievable tragedy,” noting the close personal relationship he had developed with the businessman and his family during the project.
As investigations continue into the precise circumstances surrounding Dr. Roy’s death, the business communities of both UAE and India are grappling with the loss of a figure described by associates as both a successful entrepreneur and compassionate humanitarian.