Sources say that similar succession plans are afoot at Torrent Power where the third generation from the promoter family would be inducted into the board soon.
Uttambhai Nathalal Mehta, a medical representative with Sandoz in the 1940s, started Torrent Pharma in 1959. It is now led by his two sons Sudhir and Samir Mehta. Torrent group had diversified into the power business around 1996.
Aman, an MBA from Columbia University, was already actively working with the group's power and pharma businesses.
"At Torrent Power, Aman was instrumental in bringing about a customer orientation transformation within the distribution business. He also made noteworthy contributions in enhancing efficiency in operations," an official release said.
This story is from the July 30, 2022 edition of Business Standard.
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This story is from the July 30, 2022 edition of Business Standard.
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