Mohan, who was in his 60s, was admitted at the Criti Care Hospital.
"He was in the hospital for last few days. He was in critical condition since the time he was in hospital. He passed away today morning due to heart attack," sources said.
Mohan was a well-known trade analyst who had produced Akshay Kumar-Madhuri Dixit starrer film "Aarzoo".
His cremation will take place at around 2 PM today.
Following the news of his demise, megastar Amitabh Bachchan and "TE3N" film director Ribhu Dasgupta cancelled a media interaction.