“Scam 1992: The Harshad Mehta Story” is a web series on Sony Liv that shows India’s biggest financial scam done by the key players. The factors they created helped them with a stable ground to control the stock exchange for their own benefits. The web series is made on the book “The Scam: Who Won, Who Lost, Who Got Away” written by Sucheta Dalal and Debashish Basu.
This web series not only shows that how Harshad Mehta took all the money, how he played the Bombay stock market, or he got caught when he was not able to pay when the market crashed, but also the complexities of it all. In which, his family plays an important part. So, let’s know more about his son Atur Harshad Mehta.
Atur Harshad Mehta, son of Harshad Mehta is the only child of his parents. He is also an Indian businessman, investor, and entrepreneur just like his father based in Mumbai, India. He himself is a master stockbroker who prefers to stay away from public appearances. He is not on any social media that is there’s no concrete data on him available anywhere. Nobody knows about his birth details or how old he was when his father died in 2001 due to a sudden attack. Atur doesn’t give interviews just trying to maneuver on from his past.
As per Business Standard reports, Atur Mehta bought a 23% stake in square deal Filaments. This company is a Bombay Stock Exchange-listed textile company. In 2018, Square Deal Filaments announced, “The board of directors of the corporate has accorded its approval to the agreement to be executed by the corporate, the promoters of the corporate with Atur Harshad Mehta and Sanalkumar Kizhepata Menon for the acquisition of 1.45 million equity shares each.”
According to sources, it also said that Atur is a graduate of a personal school and owns a business within the city. However, nobody knows anything about his business. Atur Mehta who is that the Co-Founder and CTO of a corporation called Settle, got confused with Harshad Mehta’s son because of the same name. Later he made it clear that he is not associated with Harshad Mehta family members.
Moreover, it is speculated that Atur Mehta and his mother, Jyoti Mehta have moved to America to start out a replacement life far away from all the scrutiny. However, the series also shows that how the loopholes within the Indian banking industry benefitted Harshad Mehta for years.