Transformers and Rectifiers (India) Limited (TARIL), a prominent manufacturer of power transformers and reactors in India, has announced the appointment of Mehul Shah as the Chief Financial Officer of the company. His appointment became effective on March 5, 2026, following the recommendation of the Nomination and Remuneration Committee and approval from the Board of Directors.
Mehul Shah is a Chartered Accountant with more than 26 years of experience spanning strategic finance, financial management, fund management, taxation, regulatory compliance, and corporate governance. Throughout his professional career, he has taken on leadership responsibilities at several well-known organisations such as Nirma Limited, Adani Enterprises Limited, Reliance Logistics Private Limited, Arvind Smart Spaces Limited, Gujarat Ambuja Exports Limited, and Asian Granito India Limited.
He takes over the CFO position from Chanchal S. S. Rajora. Rajora will remain associated with the organisation and continue serving as Director (Finance) and Senior Management Personnel.
Commenting on the appointment, Mr. Satyen Mamtora, Managing Director & CEO, Transformers and Rectifiers (India) Limited, 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 capacity, Shah will oversee the company’s financial strategy and operations, while also working toward strengthening governance practices and supporting the company’s expansion plans within the power infrastructure and energy sectors.
Mr. Mehul Shah, Chief Financial Officer, Transformers and Rectifiers (India) Limited, said, “I am honoured to join Transformers and Rectifiers (India) Limited 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 strengthen and support sustainable long-term value creation.”
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