The Ledger / Samir Mehta
Samir Mehta
◼ Origin
Son of UN Mehta (Unanatray Nathubhai Mehta), who founded Torrent Group in Ahmedabad, India, in 1959 as a pharmaceutical company; Samir Mehta chairs Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM) and Torrent Power (NSE: TORNTPOWER). Torrent Pharma has grown into one of India's top five pharmaceutical companies with significant generics exports to the US, Europe, and emerging markets; Torrent Power operates electricity generation and distribution across Gujarat and other Indian states.
◼ Self-Made Verdict — INHERITED
Inherited Torrent Group from his father UN Mehta, who founded the pharmaceutical conglomerate in 1959; Samir did not originate the business or its underlying assets.
◼ Documented marks
01
Chairs Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM), one of India's top five generic drug manufacturers with 8,000+ products and significant exports to the US, Germany, Brazil, and other regulated markets; Torrent Pharma's US generics business is critical to revenue and subject to US FDA oversight.
02
Torrent Pharmaceuticals received a US FDA Warning Letter in March 2019 for its Dahej, Gujarat manufacturing facility, citing data integrity violations — including falsification of laboratory records and inadequate controls to prevent unauthorized alterations to raw data; the Dahej plant was placed on FDA Import Alert 66-40 (Detention Without Physical Examination), blocking US imports from that facility until remediation was verified. Data integrity failures are among the most serious GMP violations recognized by the FDA.
03
Torrent Power (NSE: TORNTPOWER), the Mehta family's electricity distribution business, operates as a licensed distributor in parts of Gujarat, Ahmedabad, Surat, and Dahej SEZ; like most Indian state-licensed power distributors, its tariff structures and franchise boundaries are government-controlled, creating a regulated monopoly in each service territory.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
More ledger entries