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April 1, 2024

Torrent Group’s Mehta Family Commits ₹5,000 Crore to UNM Foundation in Honour of Founder’s Legacy

Torrent Group’s Mehta family has pledged an extraordinary sum of ₹5,000 crore over the course of the next five years to the UNM Foundation, a philanthropic institution established in memory of the group’s esteemed founder, U.N. Mehta. This generous commitment marks a profound tribute to the visionary philanthropist on the occasion of his birth centenary celebrations.

Commemorating the birth centenary of Uttambhai Nathalal Mehta, spanning from January 14, 1924, to March 31, 1998, the Mehta family has expressed their dedication to uphold his legacy through substantial contributions to the UNM Foundation. The monumental donation, to be disbursed over the upcoming five years starting from April 1, 2024, signifies a significant endeavor that surpasses the obligatory CSR allocations of Torrent Group entities.

U.N. Mehta’s enduring legacy is characterized by his resilience in the face of adversity, astute business acumen, principled conduct, and unwavering commitment to humanitarian causes. From humble beginnings in an impoverished household, Mehta encountered numerous personal challenges, including the loss of his mother at a tender age of two.

His life journey was punctuated by health setbacks, including a diagnosis of mental health issues at 39 due to medication side effects, a battle with an extremely rare form of cancer at 53, and subsequent cardiac complications culminating in bypass surgery at 62. Despite these formidable obstacles, Mehta persevered, exemplifying resilience and determination.

Following an initial setback in his entrepreneurial pursuits, Mehta’s eventual success at the age of 48 in establishing a pharmaceutical business epitomizes his indomitable spirit. Inspired by his own health struggles, his early endeavors focused on addressing the unmet medical needs in psychiatric and cardiac treatments within India.

Beyond his achievements as a successful businessman, Mehta was a dedicated philanthropist and social advocate. In the latter stages of his life, he founded the UNM Foundation, dedicating his efforts to various social causes.

The birth centenary celebration of U.N. Mehta was commemorated by the Torrent Group at a gathering in Ahmedabad, underscoring his enduring impact and legacy. Samir Mehta, Chairman of Torrent Group, expressed the Foundation’s commitment to utilizing the pledged amount for diverse social causes without discrimination based on caste, religion, gender, or economic status.

The UNM Foundation is poised to concentrate its endeavors in key areas such as healthcare, education, environmental conservation, social welfare, as well as support for arts and culture initiatives. This comprehensive approach aims to address the fundamental needs of the underprivileged and marginalized sections of society, echoing the philanthropic vision and values embodied by U.N. Mehta.

In summary, the Mehta family’s significant contribution to the UNM Foundation stands as a testament to their enduring commitment to advancing social welfare and honoring the remarkable legacy of their esteemed founder.


Jhumpa Lahiri

Jhumpa Lahiri

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