About Us

Sudhir Mehta, Chairman of Rs. 22,500 Crore Torrent Group, is the driving force behind its strong presence in Pharma and Power sectors. Born in 1954, Mr. Sudhir Mehta formally joined the family business in the early 70s.

After completing his education, Mr. 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 in 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 Rs. 1,570 million in FY 1991-92.

The astute businessman in Mr. Mehta was quick to foresee the emerging opportunities in the power sector. He led Torrent’s foray into this sector by acquiring the ailing Mahendra Cables in the late 80’s, TCL Cables Private 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 the 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.

Mr. Mehta 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 Mr. Mehta, Torrent Group has since grown into a leading business group.

Torrent Pharma today has a strong presence in various therapeutic segments with seven world-class operational manufacturing plants and a state-of-the-art research centre. Torrent Pharma’s global operations are spread across 40 countries with wholly owned subsidiaries in most major markets. The acquisition of Elder Pharma’s Indian branded business in 2013, the Dermaceutical business of Zyg Pharma in 2015, the API plant of Glochem Industries in 2016, women healthcare brands from Novartis and Unichem’s Indian branded business and its Sikkim Plant in 2017 further strengthened Torrent Pharma’s position.

Alongside, Torrent Power today has a strong foothold in generation, distribution and transmission segments. The Company now has an aggregate installed generation capacity of ~4.1 GW, largely consisting of clean sources such as gas (2.7 GW) and renewables (1.0 GW). It distributes nearly 26 billion units of power per annum including units distributed at Dadra & Nagar Haveli and Daman & Diu and caters to a peak demand of approximately 4,850 MW to over 4 million customers across 12 cities.

Samir Mehta, 58 is the Chairman of Rs. 22,500 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.

He 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, he 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 a short span, Torrent has established an investment plan of Rs. 10,000 Crore and started rolling out its network across 17 geographical areas in India.

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, he 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.

Pankaj Patel is the Chairman of Zydus Lifesciences Limited, an innovation-driven, global healthcare company with operations in more than 50 countries worldwide. A stalwart and a visionary, Mr. Pankaj Patel combines both research and techno-commercial expertise. Mr. Patel has been nominated as a Member of the Mission Steering Group (MSG), the highest policy making and steering body constituted under the National Health Mission (NHM) and of the Drug Technical Advisory Board by the Ministry of Health & Family Welfare, Govt. of India, New Delhi. Mr. Patel is also on the Board of invest India. Mr. Patel is also the Past President of the Federation of Indian Chamber of Commerce & Industry (FICCI).

He is a Member of the Board of Governors of the Indian Institute of Management (IIM), Ahmedabad. He is also the Chairman of the Board of Governors and Society, IIM, Udaipur. Mr. Patel is currently on the Governing Board of Ahmedabad University, CEPT and the Chairman of the School of Life Sciences - Ahmedabad University. He is also a Member of the Board of the Narsee Monjee Institute of Management Studies, a Member of the Governing Board of the Gujarat Law Society, Nirma University and the Anant National University, Ahmedabad.

Mr. Pankaj Patel is the Executive Chairman, Vice President and Trustee of the Gujarat Cancer Society and Chairman of the Gujarat Cancer and Research Institute, a Regional Cancer Centre and one of the largest cancer centres in India, reaching out to the needy and underprivileged cancer patients. He also officiates as the Chairman of the Deaf and Mute School, Ahmedabad.

Keki Mistry joined as an Independent Director on the Board on January 28, 2010. He is a Member of the Audit Committee of the Board.

Born in 1954, Mr. Keki M. Mistry is a Fellow member of The Institute of Chartered Accountants of India. A renowned professional with over four decades of varied work experience in the banking and financial services domain, he is currently the Vice Chairman and CEO of Housing Development Finance Corporation Limited (HDFC). He is also the Non-Executive Chairman on the Board of Directors of HDFC ERGO General Insurance Company Ltd.

As a part of HDFC’s core management team, Mr. Keki Mistry has played a critical role in the successful transformation of HDFC into India’s leading integrated financial services conglomerate by facilitating the formation of companies including HDFC Bank Ltd., HDFC Asset Management Company Ltd., HDFC Life Insurance Company Ltd. and HDFC ERGO General Insurance Company Ltd.

He is currently a member of the Primary Markets Advisory Committee set up by the Securities and Exchange Board of India (SEBI). He was the Chairman of the CII National Council on Corporate Governance for five years (2016-17 to 2017-18 and 2019-20 to 2021-22).

Jinal Mehta 39, has done his Bachelor of Business Studies (BBS) and Master of Business Administration (MBA) from University of Technology Sydney (UTS), Sydney, Australia. He has more than 15 years of experience across all facets of the power sector – generation, transmission and distribution. He was involved during the project and operations phases of 1147.5 MW SUGEN Mega Power Project and 382.5 MW SUGEN Expansion (i.e. UNOSUGEN). Subsequently, he was responsible for the implementation of the 1200 MW DGEN Mega Power Project. Subsequently, 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) and the Union Territory of Diu, Daman, Dadra Nagar Haveli (DDDNH) and was appointed as the Distribution Franchisee by MSEDCL for Shil, Mumbra & Kalwa (SMK) in Thane District. Under his leadership, Torrent Power has strengthened its leadership position in the Power Distribution business and distributes nearly 26 billion units per annum of power and caters to peak demand of approx. 4750 MW to over 3.8 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 our generation portfolio today with plans for significant further growth. Accelerated commitment to increase renewable portfolio has enabled the Company to consummate several acquisitions, during the period, with aggregate capacity of 281 MW. With these acquisitions, the Company now has an aggregate installed generation capacity of ~4.1 GW, which consists largely of clean generation sources such as gas (2.7 GW) and renewables (1.0 GW).

Mamta Verma, IAS, 50, is Master in Arts (MA) with Psychology and has done Master of Public Policies from Minneapolis Hubert H Humphrey School of Public Affairs, U.S.A. She is a Senior IAS Officer having rich experience in the field of Management & Administration. She has held positions in Government of Gujarat such as Collector, District Development Officer, Additional Chief Executive, Additional Industries Commissioner, Special Commissioner, Commercial Taxes, Industries Commissioner, Director & Municipal Administrator, Chief Executive Officer of Ahmedabad Urban Development Authority (AUDA) and Gujarat Urban Development Corporation (GUDA), Principal Secretary of Tourism Yatradham and Civil Aviation.

During her tenure as Industries Commissioner and Chairperson of Industrial Extension Bureau, she was instrumental in implementation and execution of some of the most pathbreaking reforms and initiatives of Government of India such as “Ease of Doing Business Reforms” as well as “Competitive Ranking of Startups”.

Presently she is Principal Secretary, Energy & Petrochemicals Department, Gandhinagar. Prior to her present assignment she was also instrumental in formulating policies such as Industrial Policy, 2015, Heritage Policy etc. and started as Industrial Commissioner and also acted as Principal Secretary, Tourism, Yatradham, Civil Aviation.

Usha Sangwan 63, was the first ever woman Managing Director of LIC of India, the largest life insurer in the world in terms of number of customers. She is a postgraduate in Economics, a postgraduate Diploma holder in Human Resource Management and a Licentiate from the Insurance Institute of India. She joined LIC of India in 1981 as a Direct Recruit Officer and handled various important positions during her 37 years stint with LIC, finally reaching the top position of Managing Director.

She has worked in all core areas of life insurance, including Marketing, Personnel, Operations, Housing Finance, Group Business, Direct Marketing, International Operations, Corporate Communications, Investment-Risk Management and Research, Investment – Monitoring & Accounts, Customer Relationship, New Business and Reinsurance, Corporate Planning, Estate, Office Services, Health Insurance and HRD. Her expertise lies in analytics, strategy, execution, people skill, customer centricity, use of technology, particularly in marketing and servicing and setting up of systems.

She was also a Board member of various national and international companies. Prominent among them are Axis Bank, Bombay Stock Exchange, Grasim Industries, Ambuja Cements, Ultratech Cement, GIC-RE, Voltas, LIC International Bahrain, Singapore, Nepal and Sri Lanka.

Presently she is an Independent Director on the Board of Godrej Housing Finance, Trident Ltd, and SBI Life. She is a member of the Bank Board Bureau set up by the Government of India. She is a member of the Women Empowerment Programme of Niti Aayog, Government of India, a Member of the BCCI Fempower programme and a chartered member of the Association of International Wealth Managers. She was also a jury member to select Women Transforming India by Niti Ayog and a Jury member to select the top 100 Women in Finance by AIWMI. She has travelled nationally and internationally widely.

She was featured in Forbes magazine as one of Asia’s top 50 power business women. She has also been awarded the Most Powerful Business Woman Award by Business Today for three years consecutively. She was featured in Business World, Femina and on the cover page of Beaurocracy. She was honoured by 92.7 Big FM, Colour TV, Dun & Bradstreet and Loksatta, among others.

Radhika Haribhakti , 64, has over 31 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 heads RH Financial, a boutique Advisory Firm focused on M&A and Private Equity.

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

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, 65, is veteran Chartered Accountant with 40 years of intensive experience in field of 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, 2017, 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 was a member of SEBI committees, including 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 advice around the world and several other books and articles. He has also authored a book ‘‘Indian Taxation Decoded - An MNC Perspective” in 2018.

Varun Mehta, 34, is a BSc (with honours) in Management from University of Warwick, UK and an MBA from INSEAD, France. During his tenure with Torrent Power, 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.

Currently he is Executive Director at Torrent Power and heads the Distribution License (Ahmedabad, Gandhinagar, Surat, Diu, Daman, Dadra, Nagar Haveli, Dahej and Dholera), Transmission and Cables business. 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.

He has very effectively translated Torrent’s core values into Distribution business and driven the Operational Excellence journey and strengthened the Process Orientation of the business.