Arvind Limited Appoints Nigam Shah As Executive Director
Nigam Shah has been appointed to the position of Executive Director at Arvind Limited, following approval from the company’s Board of Directors for a five-year term effective April 2026. This appointment marks his induction to the Board and a significant broadening of his leadership role within the organization, where he has served as Chief Financial Officer since 2023.
In his new capacity, Shah will play a key role in strengthening strategic oversight and governance across Arvind’s diversified businesses, including textiles, advanced materials, retail, telecom, and water solutions. His elevation reflects the company’s confidence in his financial acumen and leadership as it navigates growth across multiple sectors.
With over 22 years of experience in strategic financial management and business operations, Shah brings deep industry expertise spanning infrastructure and manufacturing. Prior to joining Arvind, he spent 15 years as Group CFO at Montecarlo Limited, where he played a pivotal role in scaling the company’s operations and financial framework.
He has also held key positions at Meghmani Organics Limited and ICICI Bank, building strong capabilities in capital management and corporate strategy. Shah began his career in audit at K.C. Associates, laying a solid foundation for his financial expertise.
His appointment as Executive Director is expected to further strengthen Arvind Limited’s focus on disciplined capital allocation and long-term value creation.
