Apart from Pandey, actresses Aarti Chhabria and Kashmira Shah, Sambhavna Seth, former national women cricket team skipper Anjum Chopra, TV stars Aashka Goradiya and Smita Bansal, are the other prominent names who will be seen in the fourth season of the reality show.
Models Diandra Soares and Aliesia Raut, Dina Singh, wife of Vindoo Dara Singh, VJ Bani, VJ Mia Uyeda and singer Mauli Dave will take part in the show, along with 13 men from various walks of life.
Actor Akshay Kumar, who had hosted the first two editions of the action-based programme, will return as the host for the fourth edition which will be shot in Cape Town in South Africa.
Actress Priyanka Chopra had hosted the previous season of Fear Factor Khatron Ke Khiladi.
The show will be aired on Colors from May.
Making the announcement here this evening, Ashvini Yardy, head of programming Colors, said, "The fourth season is going to be more torturous and dangerous than the earlier ones. Hence the name Torchaar."