Ahmedabad, Gujarat, India, June 2024 – Mitanshu Shah has joined Arvind SmartSpaces Limited as the Chief Financial Officer (CFO). With an extensive background in finance and strategic management, Mitanshu brings a wealth of experience to his new role, where he will lead financial strategies and initiatives to drive the company’s growth.
Mitanshu Shah brings over two decades of experience in finance and strategic roles. At Arvind SmartSpaces, he will focus on financial planning, risk management, and value-based management to maximize shareholder value.
Before joining Arvind SmartSpaces, Mitanshu was the Senior Vice President – Finance & Investor Relations at Alembic Pharmaceuticals Limited for 18 years. He played a pivotal role in setting strategic direction, driving M&A, managing stakeholder communications, and overseeing financial performance and risk management. He was instrumental in automating internal controls and implementing tax-efficient business strategies.
Prior to Alembic Pharmaceuticals, Mitanshu served as the General Manager – Finance at Schneider Electric for over seven years. He was key in setting up finance departments, managing significant growth, and implementing cost-effective manufacturing strategies.
Earlier in his career, Mitanshu held the position of Manager – Finance at Sun Pharmaceutical Industries Ltd, where he established product costing systems and led due diligence for acquisitions. He also worked as a Sr. Executive – Finance at Sanofi India Ltd, where he was involved in plant MIS setup, profitability reporting, and SAP implementation.
About Arvind SmartSpaces Limited:
Established in 2009, Arvind SmartSpaces Limited has quickly carved out a niche in the real estate industry. The company aims to create real estate solutions that add value to lives, reflected in the precision of their processes, the simplicity of their transactions, and the thoughtfulness in everything they build. As a key player in the Indian real estate market, Arvind SmartSpaces has completed seven projects within the first eight years of operation. The company has a strong presence in residential, industrial, and retail development in Gujarat, Karnataka, and Maharashtra, with ambitious plans to expand further in strategic cities across India.
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