Transformers and Rectifiers India Appoints Mehul Shah as Chief Financial Officer

Transformers and Rectifiers, India (TARIL), a manufacturer of power transformers and reactors, has announced the appointment of Mehul Shah as Chief Financial Officer (CFO) of the Company, effective March 5, 2026, following the recommendation of the Nomination and Remuneration Committee and approval by the Board of Directors.

A Chartered Accountant by qualification, Shah brings over 26 years of experience in strategic finance, financial operations, fund management, taxation, compliance and corporate governance. Over the course of his career, he has held leadership roles across several reputed organisations, including Nirma, Adani Enterprises, Reliance Logistics, Arvind Smart Spaces, Gujarat Ambuja Exports, and Asian Granito India.

Shah succeeds Chanchal S. S. Rajora, who will continue to serve the Company as Director (Finance) and Senior Management Personnel.

Commenting on the appointment, Satyen Mamtora, Managing Director and CEO, Transformers and Rectifiers (India), said, “We are pleased to welcome Mehul Shah as our Chief Financial Officer. His expertise in financial strategy, governance and operational excellence will be instrumental as we continue to scale our operations and strengthen our position in the power infrastructure sector.”

In his new role, Shah will lead TARIL’s financial strategy, strengthen financial governance and support the company’s growth ambitions in the power infrastructure and energy sectors.

Commenting on his appointment, Mehul Shah, Chief Financial Officer, Transformers and Rectifiers (India), said, “I am honoured to join Transformers and Rectifiers, India, at an exciting phase of its growth journey. TARIL has built a strong reputation in the power transmission and distribution sector, and I look forward to further strengthening and supporting sustainable long-term value. creation.”