About Us

Sudhir Mehta, Chairman Emeritus of ₹45,000 Crore Torrent Group, is the driving force behind its strong presence in Pharma and Power sectors. Born in 1954, Sudhir Mehta formally joined the family business in the early 70s.

After completing his education, Sudhir Mehta joined his father in managing the affairs of Torrent Pharma and began learning the nuances of business and management under his watchful eyes. He brought great dynamism and large business acumen to the Group, resulting into the initial success of Torrent Pharma, the flagship company of the Torrent Group. He was instrumental in the commissioning of its first manufacturing facility at Ahmedabad and bagging the first export order to Russia. In recognition of its superior performance, Torrent Pharma earned the President’s award for highest pharmaceuticals exports of ₹ 1570 million in 1991-92.

The astute businessman in Sudhir Mehta was quick to foresee the emerging opportunities in the power sector. He led Torrent’s foray into this sector by the acquisition of the ailing Mahendra Cables in late 80’s, currently known as Torrent Electricals Limited. This was followed by the acquisition of Ahmedabad Electricity Company and Surat Electricity Company in the early 90’s; now part of Torrent Power Limited. Over the years, he planned strategies and built resources with an aim of making Torrent Power a leader in this sector. As a result of his efforts, a 655 MW dual fuel combined cycle power project was commissioned within stipulated cost and time.

He took over as the Chairman of the Torrent Group in 1998 after the demise of his father, Mr. UN Mehta. Under the able leadership of Sudhir Mehta, Torrent Group has since grown into a leading business group.

Torrent Pharma today has a strong presence in various therapeutic segments with eight world-class operational manufacturing plants and a state-of-the-art research centre. Torrent Pharma’s global operations are spread across 50 countries with wholly owned subsidiaries in most major markets.

Alongside, Torrent Power today has a strong foothold in generation, distribution and transmission segments. The Company now has an aggregate installed generation capacity of ~4.8 GWp, which consists largely of clean sources such as gas (2.7 GW) and renewables (1.7 GWp). It distributes nearly 31 billion units of power per annum including units distributed at Dadra & Nagar Haveli and Daman & Diu and caters to over 4.21 million customers across 12 cities.

Samir Mehta, 61 is the Chairman of ₹ 45,000 Crore Torrent Group.

Under his leadership, Torrent Pharma took several strategic initiatives, including forays into new therapies and geographies, large investments in product development infrastructure and capabilities, building state-of-the-art manufacturing facilities and acquisitions, thus establishing Torrent as one of India’s fast growing and well respected Pharma majors. His emphasis on professional organisational design, precise execution and operational efficiencies has built a strong and globally competitive generic business platform in Torrent Pharma.

Samir Mehta has also guided the Group’s entry and growth in the Power sector. Torrent Power has systematically improved its performance on all efficiency parameters and ranks amongst the best run power utilities in the country. His emphasis on efficiency and reliability has led the Company to demonstrate exemplary operational capabilities and high customer orientation thus, setting new benchmarks in the sector and attracting many accolades.

In a move to expand its business presence, Samir Mehta mentored the Group’s entry in the emerging City Gas Distribution sector by participating in bidding rounds for new areas and acquiring existing CGD entities. In short span, Torrent Gas has developed robust infrastructure across all 17 Geographical Areas. Torrent Gas will continue to expand the infrastructure and will achieve the Investment plan of ₹ 10,000 Crores.

Much before the current emphasis on CSR, he always conducted the businesses in a socially responsible way, giving a new dimension to the traditional meaning of CSR. He has emphasized environmental responsibility in industrial operations and creation of local livelihoods in the influence areas of Torrent establishments. His belief that improving community health and school education of the underprivileged class are powerful instruments for social empowerment and upliftment, has driven much of the Group’s investments in CSR activities.

A fine blend of business acumen and cautious entrepreneurial optimism, Samir Mehta has positively influenced all aspects of the Group culture with his contemporary outlook and innovative ideas. Torrent Group has established a reputation for being employee-centric, and above all fair and humane in all its dealings.

Jinal Mehta , 42, has done his Bachelor of Business Studies (BBS) and Master of Business Administration (MBA) from University of Technology Sydney (UTS), Sydney, Australia.

Jinal Mehta has been associated with the Company as a Director since 2011. He was appointed as Managing Director of the Company w.e.f. April 01, 2018 and subsequently elevated as Vice-Chairman and Managing Director of the Company w.e.f. June 01, 2024. He leads the Company’s efforts at continuous operational improvement and delivering growth

He has more than 18 years of experience across all facets of the power sector – generation, transmission and distribution. He was involved during the project and operations phases of 1,530 MW SUGEN Mega Power Project. Subsequently, he was responsible for the implementation of the 1,200 MW DGEN Mega Power Project. Thereafter, he took charge of the distribution business of the Company in April, 2014 and led significant operational improvements in both the licensed and franchised distribution businesses, in terms of network modernisation, reduction in AT&C losses, improved customer services and timely regulatory approvals for recovery of costs

Under his leadership, the Company grew its Distribution business further by obtaining a distribution license for Dholera Special Industrial Region (SIR), Mandal Bechraji SIR and the Union Territory of Diu, Daman, Dadra Nagar Haveli (DDDNH), and being appointed as the Distribution Franchisee by MSEDCL for Shil, Mumbra & Kalwa (SMK) in Thane District. During his leadership, Torrent Power has strengthened its leadership position in the Power Distribution business and distributes nearly 31 billion units of power per annum and caters to over 4.21 million customers across 12 cities. Apart from conventional generation, transmission and distribution, his contribution in growing renewable capacity; both Solar and Wind Power, has resulted into renewable energy becoming significant part of Company’s generation portfolio today with plans for significant further growth. The Company has an aggregate installed generation capacity of ~4.8 GWp, which consists largely of clean generation sources such as gas (2.7 GW) and renewables (~1.7 GWp).

Usha Sangwan was the first ever woman Managing Director of LIC of India, largest life insurer in the world in terms of number of customers. Usha Sangwan, 66, is post graduate in Economics, PG Diploma holder in Human Resource Management and Licentiate from Insurance Institute of India. Usha Sangwan had joined LIC of India in 1981 as a Direct Recruit Officer and handled various important positions during her 37 years of stint in LIC, finally reaching the top position of Managing Director (2013-2018). She joined as Non-Executive Independent Director on the Board on May 21, 2021

She was also a Board Member of various national and international companies. Prominent among them being Axis Bank, Bombay Stock Exchange, LIC Housing Finance, LIC Cards, Grasim Industries, Ambuja Cements, Ultratech Cement, GIC-RE, Voltas, Godrej Housing Finance, LIC International Bahrain, Singapore, Nepal and Sri Lanka and Axis Pension Fund. Presently, she is an Independent Director on the Board of Torrent Power, Trident Ltd., SBI Life, Tata Motors, Tata Motors Passenger Vehicles, Tata Passenger Electric Mobility, and Tata Technologies Ltd and Member on the Board of CTFE Learning Private Limited (Centre for Technology, Finance and Entrepreneurship), She is also a member of Financial Services Institutions Bureau of Govt. of India constituted for selection of Chairmen and MDs of Public Sector Financial Institutions and member of DEI Committee of Bombay Chamber of Commerce and Industry.

She has been featured in Forbes magazine amongst top 50 business women of Asia. She has also been awarded Most powerful business woman Award by Business Today and Business World for three years consecutively. She was featured in Femina and on the cover page of Beaurocracy. She was honoured by 92.7 Big FM, Colour TV, Dun & Bradstreet and Loksatta among others. She has won many more accolades and awards. She was also a jury member to select Women Transforming India by Niti Ayog, Jury member to select top 100 Women in Finance by AIWMI and Jury to select best CFOs 2021 in various categories by Business World.

Smt. Radhika Haribhakti (DIN: 02409519) joined as Non-Executive Independent Director on the Board on August 07, 2021.

Smt. Haribhakti, 67 years has over 32 years of experience in Commercial and Investment Banking with Bank of America, JM Morgan Stanley and DSP Merrill Lynch. She has advised several large corporates and led their Equity and Debt offerings in Domestic as well as International Capital Markets. She now offers advisory services as RH Financial, but is primarily engaged as an Independent Director on multiple Boards.

She is a graduate in Commerce from Gujarat University and Post Graduate in Management from the Indian Institute of Management, Ahmedabad (IIMA).

She serves as an Independent Director on the Boards of Torrent Power Ltd., Bajaj Finance Ltd., Bajaj Finserv Ltd., EIH Associated Hotels Ltd., NOCIL Ltd., Data Link Investment Manager Pvt. Ltd. and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Ltd.

She has also been closely associated with issues of Women Empowerment and financial inclusion and has served on the Boards of non-profits for over 18 years, including 12 years as Chairperson.

Ketan Dalal joined as Non-Executive Independent Director on the Board on May 11, 2022.

Ketan Dalal, 67, is veteran Chartered Accountant with 41 years of intensive experience in taxation and corporate and investment structuring, including mergers and acquisitions. He was the Joint Head, Tax, All India and the Managing Partner (West) and the member of the India Leadership Team at PwC India. From April’17, he has been independently pursuing his professional interests and runs a boutique Structuring and Tax firm, Katalyst Advisors Pvt. Ltd.

He was a member of the “Working Group on Non-Resident Taxation” formed by the Ministry of Finance, Government of India in 2003. He has also served on various committees of several professional and business organisations. He has been a member of several SEBI committees, including the High Powered Advisory Committee (HPAC) on Consent Orders and Compounding.

He has been listed among India’s leading tax advisors in ITR (International Tax Review), a leading global magazine on international tax policy and offers advice around the world. He has written several other books and articles, including ‘‘Indian Taxation Decoded - An MNC Perspective” in 2018.

He is, interalia, a Director in HDFC Life Insurance, Zensar Technologies Ltd, Torrent Power Limited and Siemens Energy India Ltd.

Varun Mehta, is a BSc (with honors) in Management from University of Warwick, UK and an MBA from INSEAD, France. During his tenure with Torrent Power Limited, he has worked across different business segments of the company – namely Renewables, Thermal Generation and Distribution. He started his career in the Renewables business, where he made an important contribution in formulating the entry strategy of the Group in the area of renewable energy and setting up the initial set of renewable energy projects. Later when he moved to the Thermal Generation business, he spearheaded a strategic initiative on importing LNG directly from the international markets, making Torrent Power the first Indian power company to successfully do so. This initiative led to significant benefits for the company in terms of revenue enhancement and cost savings

Under his leadership, Torrent’s distribution business has widened its lead over competition and strengthened its position as a benchmark utility. Some of his key contributions have been take-over of operations at Diu, Daman, Dadra, Nagar Haveli, Dholera and Mandal Bechraji and improving AT&C losses further. His efforts in the area of operational excellence led to Torrent Power being recognized as one of only 5 companies in the world to be simultaneously awarded the prestigious Sword of Honour and Globe of Honour from British Safety Council in 2021. Currently, he is spearheading the Group’s foray into the Electricals and Diagnostics business.

Apurva Diwanji, Apurva Diwanji, joined as Non-Executive Independent Director on the Board on February 09, 2024

Apurva Diwanji, 56 has been with Desai & Diwanji for over 30 years. He specializes in mergers and acquisitions, international capital markets, co-investments, private equity and joint ventures. He has led and advised on a variety of transnational, cross border transactions, sale / acquisition of existing Indian companies etc. He has also advised on all types of M&A transactions including mergers and amalgamations, asset, business purchases and sales, securities sales and purchases, tender offers, buy-outs, joint ventures and strategic buy outs. He advises on the full spectrum of matters including corporate governance issues, transaction structuring, anti-trust and competition laws, FDI and FEMA issues, SEBI and ICDR guidelines and has advised on transactions across various industry sectors. He has also been advising on Corporate Governance and minority protection issues and large corporate disputes.

He is currently an Independent Director of Torrent Power Limited, Zydus Lifesciences Ltd., Bajaj Allianz Life Insurance Co. Ltd. & Bajaj Allianz General Insurance Co. Ltd. and Director on the Board of Hormaze (Property) Pvt. Ltd., TUV India Pvt. Ltd. and Bombay Chamber of Commerce and Industry. Until recently, he was an Independent Director of Go Airlines (India) Limited, Eureka Forbes Limited and SP Forbes Shipping Limited.

Sunil Dass Mathur, joined as Non-Executive Independent Director on the Board on May 23, 2024.

Sunil Mathur is the Managing Director and Chief Executive Officer of Siemens Limited, India since 2014. In this role he is responsible for Siemens in South Asia. He is currently a Member of the Global Leadership Team of Siemens, Chairman of Siemens Energy India Limited and C&S Electric Limited, and Member of the Board of Directors of Siemens Healthcare Private Limited and Torrent Power Limited

Prior to 2014, he was the Executive Director and Chief Financial Officer of Siemens Limited from 2008 and was responsible also for South Asia. During his stint as Chief Financial Officer of Siemens Limited, he was a Member of the Global Finance Management Team.

Sunil has been with Siemens for over 37 years, holding several Senior Management positions in Germany, where he worked in the Power Generation Division as also as Chief Financial Officer of a Global Business Unit in the Industrial Automation Division of the Company. He has worked in Germany, United Kingdom and the United States, apart from India..

He is the Chairman of the Confederation of Indian Industry (CII) National Committee on Multinational Companies as well as the CII National Committee on Smart Cities. He is also a Member of the Executive Committee of Federation of Indian Chambers of Commerce and Industry (FICCI). He was previously Chairman of CII Western Region, Chairman of the CII Smart Manufacturing Council and President of Indo-German Chamber of Commerce and Bombay Chamber of Commerce & Industry.

Jigish Mehta, 51 is Whole-time Director and designated as Director (Generation) at Torrent Power Ltd. He heads Generation and Procurement functions of the Company.

His skill sets include a deep transactional understanding, as well as significant expertise particularly in commercial domain, across sectors as diverse as Thermal and Renewable Power Generation, Domestic and International Natural Gas / LNG Sourcing and Marketing, Power marketing, and CSR activities.

A multifaceted individual with good leadership skills, he has been with Torrent for last 25 years. He is a Civil Engineer with MBA (Finance) and started his career at Torrent working in Surat Distribution. Later, he shifted to Sugen, and went on to play key roles in implementation of Sugen Mega Power Project and Dgen Mega Power Project and worked in various functions as Projects, Admin, HR, Commercial etc. He has been instrumental in establishing and growing the gas and power marketing divisions. He developed a good understanding of the overall Gas-based Power Generation business and has been successfully heading its overall operations for more than 4 years. In last few years, he has also successfully spearheaded the growth of Renewables & Green Energy (Wind, Solar, Hybrid, Green H2, PSP) portfolio of the company.

His key contributions include - aggressively pursuing sale of merchant gas and power; effective utilization of Sugen and Dgen plants; stabilizing ~1.7 GW of operating RE capacity and executing ~3.2 GW of RE pipeline with the goal of achieving 10 GW renewable capacity by 2030; developing RE C&I business; leading the Green Energy foray into Green Hydrogen and Pumped Storage Power with 3 GW under construction including 2 GW tied-up with MH.

He is also actively involved in Torrent’s CSR activities of the UNM Foundation of Torrent Group.