Mehul Shah Replaces Chanchal S.S. Rajora As CFO Of Transformers & Rectifiers India

Mehul Shah has been appointed as the new Chief Financial Officer (CFO) of Transformers and Rectifiers (India) Limited (TARIL) with immediate effect, replacing Chanchal Singh Satyandra Rajora, who stepped down as CFO effective March 5, 2026.

Rajora will continue with the company as Director (Finance) and remain part of the senior management team, but he will no longer serve as key managerial personnel.

Shah has held key finance and business roles at organisations including Nirma Ltd., Adani Enterprises Ltd., Reliance Logistics Pvt. Ltd., Arvind Smart Spaces Ltd., Gujarat Ambuja Exports Ltd., and Asian Granito India Ltd. He is a Chartered Accountant with over 26 years of experience in finance, strategic accounting, financial operations, fund management, budgeting, compliance, taxation, and corporate governance. Shah brings extensive expertise in managing financial strategy, operations, and governance.

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