Arvind Limited announced the appointment of Mr. Nigam Shah as the Chief Financial Officer of the Company as per Section 203 of Companies Act 2013 with effect from 1 February, 2024, in place of Mr. Jayesh Shah. Mr. Jayesh Shah shall continue to be Whole Time Director of the Company & Group Chief Financial Officer. Mr. Nigam Shah, 43, is a qualified Chartered Accountant and MBA in finance.

Mr. Shah joined the Company as CFO (Designated) in October 2023. Nigam brings to Arvind more than two decades of experience spanning various sectors, including Infrastructure, Engineering, Chemicals and Banking. His most recent role was at Montecarlo Limited, where he served as the Group CFO, overseeing multiple business segments, including Metro & Buildings, Water, Transport, Mining, and Energy.