About Us

Mr. Sudhir Mehta, Chairman of Rs. 21000 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 in great dynamism and large business acumen into 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 Rs. 1570 million in 1991-92.

The astute businessman in Mr. Mehta was quick to foresee the emerging opportunities in the power sector and he lead Torrent’s foray into this sector by the acquisition of the ailing Mahendra Cables in late 80’s, now known as Torrent Cables Ltd. This was followed by the acquisition of The Ahmedabad Electricity Company and The Surat Electricity Company in the early 90’s; now part of Torrent Power Ltd. 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.

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 eight 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, Dermaceutical business of Zyg Pharma in 2015, API plant of Glochem Industries in 2016, women healthcare brands from Novartis and Unichem's Indian branded business and its Sikkim Plant in 2017 strengthened Torrent Pharma's position.

Alongside, Torrent Power today has a strong foothold in generation, distribution and transmission segments. The company has a generation capacity of 3600 MW. It distributes power to 24.5 lacs customers in Ahmedabad, Gandhinagar and Surat in Gujarat as a "distribution licensee" and to 6.68 lacs customers in the cities of Agra and Bhiwandi as a "distribution franchisee". It has also set up power transmission infrastructure for catering to its distribution business.

Mr. Samir Mehta, 56 is the Chairman of Rs. 21,000 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.

Mr. 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, Mr. 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 a short span, Torrent has established an investment plan of Rs 10,000 crores and started rolling out its network across 16 geographical areas in India.

Much before the current emphasis on CSR, Mr, Mehta 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, Mr. 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.

Mr. Pankaj Patel is the Chairman of Cadila Healthcare Ltd., an innovation-driven, global healthcare company with operations in more than 50 countries worldwide. The group has a team of nearly 23000 people worldwide. With an experience spanning over 40 years in the Indian pharmaceutical industry, Mr. Patel combines both research and techno-commercial expertise.

Mr. Pankaj Patel is the immediate Past President of the Federation of Indian Chamber of Commerce & Industry (FICCI). He is a Member on the Board of Management at The Indian Institute of Foreign Trade (IIFT). He has been nominated on the reconstituted Court of the Indian Institute of Science for the period 2018-2021. Recently, Mr. Patel was nominated as a member of the Drug Technical Advisory Board by Ministry of Health & Family Welfare Govt. of India New Delhi.

He is a Member of the Board of Governers of the Indian Institute of Management (IIM), Ahmedabad. He is also the Chairman of the Board of Governers and Society at IIM - Udaipur & IIT- Bhubaneswar.

Mr. Patel serves on the Board of various educational institutes like Ahmedabad University, Narsee Monjee Institute of Management Studies, Gujarat Law Society, Nirma University, Anant National University etc.

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 of India, reaching out to the needy and underprivileged cancer patients. Mr. Pankaj Patel also officiates as the Chairman of the Deaf and Mute School, Ahmedabad.

Mr. Samir Barua, M. Tech. (IIT, Kanpur) in Industrial Engineering and Operations Research and holds Ph.D. in Management (IIM, Ahmedabad). He is presently a Professor at Indian Institute of Management, Ahmedabad. He joined as a faculty at IIM, Ahmedabad in 1980. He served as Director, IIM, Ahmedabad from November 2007 to March 2013. His academic and professional pursuit spans several disciplines and functional areas in management that include capital markets, portfolio theory, international finance, operations research and decision sciences, corporate strategy and corporate governance.

Mr. Samir Barua has taught courses at IIM, Ahmedabad and has been visiting faculty to academic institutions in several countries. He has taught extensively in national and international executive training programmes.

Mr. Samir Barua has co-authored two books and has authored over 200 papers/ articles, which have been published/presented in national and international publications and conferences. He has also authored over 60 case studies in management. He has been consultant to several public and private organisations and has been associated with Indian financial sector for over two decades. Mr. Samir Barua has been associated with policy making in the country. He has prepared policy papers for the Finance Minister, Government of India, the Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI). He has served as member on several policy making committee constituted by the Ministry of Finance, the Ministry of Information and Broadcasting, the Ministry of Human Resource and Development and the Ministry of Petroleum and Natural Gas, Government of India. He has also served on advisory committee of the RBI and SEBI.

Mr. Keki Mistry (DIN 00008886) joined as an Independent Director on the Board on 28th January 2010. He is the Chairman of Audit and Risk Management 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 three decades of experience in banking and financial services, 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 GRUH Finance Ltd.

As a part of HDFC’s core management team, Mr. Keki Mistry played a significant role in the successful growth and transformation of HDFC into India’s leading integrated financial services conglomerate spanning housing finance, banking, mutual funds and insurance, with leading market positions in each of these areas.

Mr. Keki Mistry has also has vast consulting experience with esteemed organisations such as Commonwealth Development Corporation and Asian Development Bank.

Mr. Jinal Mehta, has done his Bachelor of Business Studies (BBS) and Master of Business Administration (MBA) in International Business and Finance from University of Technology Sydney (UTS), Sydney, Australia. He has more than 14 years of experience across all facets of the power sector, generation, transmission and distribution. He was involved in project and operations phase 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. He took charge of the Distribution business of the Company in April, 2014 and led significant operational improvements in 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 obtained a distribution license for Dholera Special Industrial Region (SIR) and won the franchised distribution area of Shil, Mumbra & Kalwa (SMK).

He has been the Managing Director of the Company since April 01, 2018. He leads the Company’s efforts at continuous operational improvement and delivering growth.

Smt. Mamta Verma, IAS, (DIN:01854315) joined as Non-Executive Director on the Board on August 07, 2021.

Smt. Mamta Verma, IAS, 49 years is MA with Psychology and has done Masters 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 GoG 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, 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 Tourism Policy 2021-25, Heritage Policy etc. as Principal Secretary, Tourism, Yatradham, Civil Aviation.

Mrs. Usha Sangwan (DIN 02609263) joined as an Independent Director on the Board on May 21, 2021.

Born in 1958, Usha Sangwan, 62 years, was the first ever woman Managing Director of LIC of India, largest life insurer in the world in terms of number of customers. She is post graduate in Economics, a post graduate Diploma holder in Human Resource Management and Licentiate from 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 of stint in 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, executing 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 being 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 Independent Director on the Board of Godrej Housing Finance Limited consultant to PB Fintech. She has widely travelled nationally and internationally.

She has featured in Forbes magazine amongst top 50 power business women of Asia. She has also been awarded Most powerful business woman Award by Business Today 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 is a member of Women Empowerment Programme of Niti Aayog, Govt of India, Member of BCCI Fempower program and a chartered member of Association of International Wealth Managers of India. She was also a jury member to select Women Transforming India by Niti Ayog and Jury member to select top 100 Women in Finance by AIWMI.

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

Smt. Radhika Haribhakti, 63 years has over 30 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 Post Graduate in Management from the Indian Institute of Management, Ahmedabad (IIMA).

She is Independent Director on the Boards of EIH Associated Hotels Limited, ICRA Limited, Navin Fluorine International Limited, Rain Industries Limited and Pipeline Infrastructure Limited.

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.