Succession at Torrent Group: Varun Mehta inducted into Torrent Power Board

After cousin Aman joins Torrent Pharma board, Varun Mehta, son of Sudhir Mehta, joins Torrent Power Board

The Rs 23,500-crore Torrent Group has set the ball in motion for the third generation of the Mehtas to take over the group’s power and pharma businesses. On Monday, Torrent Power announced the appointment of Varun Mehta as a director on its board. About a week back, the group’s pharmaceutical arm had appointed Aman Mehta as a director on its board.

Group insiders say with the new generation slowly taking charge, the Group plans to diversify into various sectors.

Varun, the son of Sudhir Mehta (68), has worked across different business segments of the company — renewables, thermal generation and