Ahmedabad, Gujarat, India, April 2026 – Nigam Shah has been elevated to the position of Executive Director at Arvind Limited, following approval from the Board of Directors for a five-year term effective April 2026.
This elevation to the Board marks a significant expansion of his leadership mandate, where he continues to serve as Chief Financial Officer. In his new executive capacity, Nigam Shah will play a pivotal role in strengthening strategic governance across Arvind’s diversified portfolio, including textiles, advanced materials, retail, telecom, and water solutions.
Currently serving as Chief Financial Officer at Arvind Limited, Nigam Shah has been instrumental in driving financial strategy and business performance across multiple business verticals within the organization.
Prior to joining Arvind, he spent over 15 years as Group CFO at Montecarlo Limited, where he played a key role in scaling one of India’s leading infrastructure and energy companies, contributing significantly to financial growth and operational excellence.
Earlier in his career, he worked with Meghmani Organics Limited as Assistant Manager – Finance & Accounts, gaining strong exposure to financial planning and accounting functions.
He also began his professional journey with ICICI Bank as a Management Trainee, and earlier built foundational expertise in audit with K.C. Associates, Chartered Accountants.
Nigam Shah is a Chartered Accountant from The Institute of Chartered Accountants of India and holds an MBA in Finance from Nirma University, reflecting strong academic grounding in finance and business strategy.
Arvind Limited is a leading textile and materials company with a diversified portfolio spanning textiles, advanced materials, environmental solutions, retail, telecom, and omni-channel commerce. Known for innovation and sustainability, the company is among the top global suppliers of fabric and continues to expand its footprint across multiple high-growth sectors.
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