careers news & media events contact info site map  
  torrent   torrent pharmaceuticals limited  
Home  ::  About Us  ::  Board of Directors  


Board of Directors ::

Shri Sudhir Mehta - Chairman Emeritus ::

Mr. Sudhir Mehta - Executive Chairman

Born in the year 1954, Shri Sudhir Mehta, is the driving force behind the strong presence of ‘Torrent’ in Pharmaceuticals and Power sectors. Shri Mehta was instrumental in the diversification of the Torrent Group into the power sector. The foray into Power was marked by the acquisition of the ailing Mahendra Cables, now known as Torrent Cables Limited in late 80’s. This was followed by acquisition of The Ahmedabad Electricity Company and The Surat Electricity Company in the early 90’s; now part of Torrent Power Limited. Shri Mehta took over as the Chairman of the Torrent Group in 1998, after the demise of his father, late Shri U. N. Mehta. Under the able leadership of Shri Sudhir Mehta, Torrent Group grew from its humble roots into a leading business Group.

Under his able guidance, Torrent Pharmaceuticals Limited (“Torrent Pharma”) today has a strong presence in various therapeutic segments with three world-class operational manufacturing plants and a state-of-the-art research centre. Torrent Pharma’s global operations are spread across substantially in 28 countries with wholly owned subsidiaries in most major markets. The acquisition of the Indian branded generic formulation business of Elder Pharmaceuticals Limited is expected to strengthen Torrent Pharma’s position in the nutraceuticals and women healthcare segments in India. Alongside, Torrent Power today has a strong foothold in generation, distribution and transmission segments. The Company has a generation capacity of ~3252 MW. It distributes power to nearly 23 lacs customers in Ahmedabad, Gandhinagar, Surat and Dahej SEZ area in Gujarat as a “distribution licensee” and to nearly 6 lacs customers in the cities of Agra and Bhiwandi as a “distribution franchisee”. It has also set up power transmission infrastructure in Gujarat.

His other directorships include Torrent Power Ltd., Torrent Private Ltd., Tornascent Care Institute and UNM Foundation

Shri Samir Mehta - Executive Chairman ::

Mr. Samir Mehta - Managing Director

Born in the year 1963, Shri Samir Mehta holds a Masters Degree in Business Management and has been associated with the Company since 1986. Under his leadership, the Company has grown into becoming one of the most respected pharmaceutical companies in India. Under his able guidance, the Company consolidated its position in the domestic market, built leadership positions in several brands and has established a strong & growing profitable operation. The Company has also successfully established itself in the international markets such as Brazil, Germany and U.S.A. and today, the international business accounts for about 60% of the total revenue of the Company. He has been instrumental in identifying emerging opportunities - be it forays into new therapies or geographies or striking alliances with global leaders in the industry or creating resources to match the exacting demands of the markets. Apart from setting up an orderly and a system oriented organisation, development of prudent financial management policies and balanced human resource policies have been a hallmark of his leadership.

His other directorships include Torrent Power Ltd., Arvind Ltd., Torrent Private Ltd., Tornascent Care Institute and UNM Foundation

Shri Markand Bhatt ::
Mr. Markand Bhatt

Born in the year 1946, Shri Markand Bhatt a Post Graduate of IIM, Ahmedabad, is the Group Chief Executive Officer of Torrent Group. He has more than 46 years of professional managerial experience in multi disciplinary areas dominated by more than two decades of principal involvement in power sector projects. He has been a member of Board of the Company since 2000.

Over the past several years he has been providing valuable guidance in formulation of strategy and implementation thereof. As part of Torrent Power, a group company, Shri Bhatt has played a pivotal role in the entire journey of the SUGEN Mega Power Project – from concept to commissioning of that project, which is unique in many respects. The project was completed within the budgeted cost resulting in the lowest per MW cost due to his sustained efforts. Shri Bhatt is also responsible for implementation of 382.5 MW UNOSUGEN Project and 1200 MW DGEN Project which have also been commissioned. He also oversees other generation project initiatives which are in the pipeline such as Torrent Pipavav etc.

He was also the Managing Director of erstwhile Gujarat Torrent Energy Corporation Limited (GTEC) which set up 655 MW Gas based fuel Combined Cycle Power Project within budgeted cost and timelines. He spearheaded divestment of GTEC by Torrent Group, which was the biggest ever deal in the country at that point of time. Earlier, he practiced as a Management Consultant and was associated with various premier government organizations and private groups such as Torrent, Nirma, Cama, Raymonds etc.

His other directorship include Torrent Power Ltd., Tornascent Care Institute and UNM Foundation.

Shri Shailesh Haribhakti ::
Mr. Shailesh HaribhaktiShri Shailesh Haribhakti is a Chartered and Cost Accountant, and a Certified Internal Auditor, Financial Planner & Fraud Examiner. During a career span of four decades, he has successfully established and led many innovative services. His current passions involves Outsourcing of Knowledge Processes, Engaged Investing, and efficiency & effectiveness enhancement in Social, Commercial and Governmental organisations.

He strongly believes in ‘shared value’ creation, good public and corporate governance and promoting a green environment. He actively promotes these causes, and contributes towards their evolution by participating in the process of framing regulations and standards.

His other directorships includes Future Lifestyle Fashions Ltd., Blue Star Ltd., L&T Finance Holding Ltd., Mahindra Lifespace Developers Ltd., NSDL e-Governance Infrastructure Ltd., ACC Ltd., Karam Chand Thapar & Bros. (Coal Sales) Ltd., Ambuja Cements Ltd., Metropolis Healthcare Limited., Haribhakti Moti India Pvt. Ltd., DH Consultants Pvt. Ltd., Quadram Solutions Pvt. Ltd., J M Financials Asset Reconstruction Company Pvt. Ltd., Planet People & Profit Consulting Pvt. Ltd., Mentorcap Management Pvt. Ltd., Reliance Infrastructure Consulting and Engineers Pvt Ltd., Reliance Infradevelopment Pvt Ltd., Reliance Wind Turbine Installators Industries Pvt Ltd., HB Advisory Services Pvt. Ltd.

Shri Haigreve Khaitan ::
Shri Haigreve Khaitan

Shri Haigreve Khaitan is a Corporate and Commercial lawyer and a Senior Partner of Khaitan & Co. Shri Khaitan heads Khaitan & Co.’s Mergers & Acquisitions (M&A) practice. Shri Khaitan joined Khaitan & Co. in 1988. He spent considerable years of his initial practice in representing clients on litigation matters and thereafter he went on representing many clients on project finance and real estate transactions. Shri Khaitan presently focuses his practice on M&A, Private Equity, Venture Capital, Corporate Restructuring and advises various Indian and international clients on other strategic transactions. Shri Khaitan comes highly recommended by world’s leading law chambers / legal accreditation bodies as one of the leading lawyers in India and as the leading lawyer for Project Finance in Asia. Shri Khaitan has been involved in some of the high profile and complex transactions in India. His recent significant transactions include:

  • 1) Advised iGATE Corporation on acquisition of Patni Computer Systems Ltd., having deal size of approx USD 1.25 billion;

  • 2) Advised Vedanta Resources plc in acquisition of controlling stake of Sesa Goa, having a deal size of USD 1.37 billion; and

  • 3) Advised Hutchinson Telecommunications lnternational Ltd. in sale of stake in Hutch – Essar to Vodafone plc, having a deal size of USD 11.1 billion.

Shri Khaitan is on the board of directors of various other Indian companies including Jindal Steel & Power Ltd., Ceat Ltd., Inox Leisure Ltd., Harrisons Malayalam Ltd., AVTEC Ltd., Ambuja Cements Ltd., Vinar Systems Pvt. Ltd., Birla Sun Life Insurance Company Ltd., Mahindra Holdings Ltd., Egyptian Indian Polyester Company S.A.E. Egypt and JSW Steel Ltd.

Shri Pradeep Bhargava ::
Mr. Shri Pradeep Bhargava

Born in the year 1949 Shri Pradeep Bhargava holds B. Sc. (Honours) degree from Rajasthan University, Jaipur, B.E. (Electronics and Communications) degree from Indian Institute of Science, Bangalore. He completed his MBA from Indian Institute of Management, Ahmedabad in the year 1971. He has been associated with Cummins group since 2000 and was Managing Director of Cummins Generator Technologies India Ltd. from 2003 to 2012. Prior to joining Cummins, he was Managing Director of GE Lighting India for 3 years. He had worked with Kalyani Group (Bharat Forge) for 15 years from 1982-1997. After graduating from Indian Institute of Management, Ahmedabad, first ten years of Shri Pradeep were with State Sectors i.e. Atomic Energy Commission, Electronics Commission and finally at Bharat Heavy Electricals Ltd. He has been actively participating in Industry Forums, Education Institutions as well as various platforms of Civic Society.

He was the Chairman of Pune Zonal Council during the year 2004-05, thereafter Chairman of Maharashtra State Council during the year 2008-09. He is now the Chairman of Western Region Council for the year 2012-13. His key contributions have been Conceiving, Steering and Implementing the now famous “Pune Model” by virtue of which the city of Pune has been able to mitigate Load Shedding for the last 5 years. Likewise, he had a significant role to play in establishing Finishing School with Symbiosis as part of Affirmative Action. Both these initiatives have since been scaled up and replicated in other communities. He has considerable engagement in Skill Development Charter and establishing links between Educational Institutions and Industry.

His primary focus has been to integrate the experience and knowledge of industry into causes which benefits both, the Society and the Environment. Under his leadership, Cummins has set up “India’s First Green Factory” at Ranjangaon, near Pune. He is involved with Educational Institutions such as IIM Ahmedabad, IIM Bangalore, IIM Udaipur, Tata Management Training Centre, etc. as guest faculty. His engagement with Symbiosis is quite long and he is member of Planning Cell and Board of Management of Symbiosis University. He was the Member of Executive Committee of National Assessment & Accreditation Council (NAAC), an Autonomous Institution of the University Grants Commission, for 3 years.

In addition to the directorship of Cummins group companies like Cummins India Ltd., Cummins Generator Technologies India Ltd., Cummins Technologies India Pvt. Ltd., he holds directorship in Rajkumar Forge Ltd., Persistent Systems Ltd., Automotive Stampings and Assemblies Ltd., Secure International Holding Pte. Ltd., Pune City Connect Development Foundation and Pragati Leadership Institute Pvt. Ltd.

Prof.Ashish Nanda ::
Shri Ashish Nanda

Prof. Ashish Nanda is Director of Indian Institute of Management, Ahmedabad. Before joining IIMA, he was at Harvard Law School for seven years. As Robert Braucher Professor of Practice, he taught “Professional Services,” “Leadership in Law Firms,” and “Professional Services: Advanced Topics” in the JD program. He was faculty director of Executive Education, faculty director of the Case Development Initiative, and research director at Program on the Legal Profession. Before Harvard Law School, Prof. Nanda was a Harvard Business School faculty member for 13 years, where he taught in MBA, DBA, and Executive Education courses, including “Leadership in Professional Services” and “Owners Presidents Managers.” Prof. Nanda continues to be affiliated with Harvard University as Robert Braucher Professor of Practice (on leave) at Harvard Law School and Harvard Business School Executive Education Fellow. He teaches in executive education programs at IIMA and at Harvard University.

Prof. Nanda has a PhD in Business Economics (Harvard), AM in Economics (Harvard), PGDM in Management (IIM Ahmedabad), and B. Tech. in Electrical Engineering (IIT Delhi). Before his PhD, he worked for five years with the Tata group of companies as Tata Administrative Services officer.

A recipient of the Henry B. Arthur Fellowship, the Center in Ethics and the Professions Fellowship, President of India Gold Medal (twice), and the IIMA Director’s Gold Medal, he has published several case studies and Harvard Business Review articles and is a coauthor (with Tom DeLong) of Professional Services: Cases & Text. His research, in the form of conceptual articles, case studies, surveys, and large sample empirical analyses, focuses on professional services. It encompasses three streams management of professional service organizations, professionals’ labor market, and professionalism.

Prof. Nanda has advised professional service organizations including asset management, investment banking, accounting, advertising, engineering consulting, executive search, human resource consulting, IT consulting, management consulting, law firms, public relations, and real estate firms. His work with these organizations has spanned strategic planning, organization design, governance systems, succession planning, compensation systems, recruitment and promotion practices, leadership development, and coaching senior executives.

He is Director at Clutch Group and Linklaters Advisory Board. He is a member of General Council of Gujarat National Law University (GNLU), IIMA ex-officio member (Member of General Assembly) of Indian Council for Cultural Relations (ICCR), Member of Advisory Committee of Venture Studio, Member of Core Group of Association of Management Development Institutions in South Asia (AMDISA), Board Member of CIIE Initiatives and member on Board of Governors of National Institute of Securities Markets (NISM) (an educational initiative of SEBI) and Management & Entrepreneurship and Professional Skills Council (MEPSC).

Smt. Renu Challu ::
Mr. Shri Pradeep Bhargava

Born in the year 1952, Smt. Renu Challu, is a Gold Medalist in MA Economics and is an associate of the Indian Institute of Bankers. She has served in the State Bank of India Group for about 39 years and her stellar career culminated in her being the Deputy Managing Director of Corporate Strategy and New Businesses.

Some of her path breaking initiatives are captured below:

  • a.Identified, developed and implemented new business areas as member of the Corporate Management Committee of SBI.
  • b.As MD of SBH recorded the highest ROE amongst large banks in India as on March 2010, through technology and BPR initiatives, HR development programmes, employee motivation and repositioning of the Bank through rebranding exercise.
  • As MD & CEO of SBI DFHI, launched the 1st country-wide web based platform with two way quotes for liquid G-Secs.
  • At SBI, Bhopal, launched Cyber Treasury with MP and Chhattisgarh Governments (through e-challans), which was replicated by some other State Govts.
  • As President & COO of SBI Capital Markets propelled SBICAP to the no.1 position amongst investment banks in debt syndication in Asia Pacific.
  • As GM (Commercial) at SBI, Lucknow, reduced turnaround time to 3 weeks for credit sanctions.
  • g.At SBI Corporate Centre, took technology initiatives like the 1st one million online ATM cards, internet banking, Maestro Debit Card, etc. and pioneered policy framework and implementation of personal banking loaning in SBI.
While focusing on such path breaking initiatives, she played an inestimable role in the illustrious growth of the organisations she worked with. Various awards and recognitions were received by State Bank of Hyderabad under her leadership.

She is also a Director on the Boards of SMS Ltd, Reliance Life Insurance Company Ltd, FAG Bearings India Ltd, Minda Industries Ltd, Fullerton India Credit Company Ltd, NCC Ltd, Netafim Agricultural Financing Agency Pvt. Ltd. and Fullerton India Home Finance Company Limited.

Dr. Chaitanya Dutt - Director (Research & Development) ::

Dr. Chaitanya Dutt - Director (R&D)Born in the year 1950, Dr. Chaitanya Dutt holds an MD in Medicine. He practiced as a consulting physician before joining the company in 1982. Since then he has been associated with the Company. His rich experience spans in the areas of Pharma R&D, clinical research, manufacturing, quality assurance, etc. He is one of the key professionals in the top management team of the Company. He has been instrumental in setting up the Torrent Research Centre (TRC), the research wing of the Company. Under his prudent guidance and leadership, TRC has achieved tremendous progress in the areas of discovery research as well as development work on formulations. He does not hold any directorship in any other company.
  Board of Directors »
» Shri Sudhir Mehta
» Shri Samir Mehta
» Shri Markand Bhatt
» Shri Shailesh Haribhakti
» Shri Haigreve Khaitan
» Shri Pradeep Bhargava
» Prof. Ashish Nanda
» Smt. Renu Challu
» Dr. Chaitanya Dutt
  Independent Directors »
» Terms and Conditions of Appointment of Independent Directors
» Familiarisation Program of Independent Directors
Copyright © 2003
careers faq news & media events contact info site map