Kavita Rakesh Shah Appointed Independent Director of Nilkamal

The Board of Directors of Nilkamal Limited has approved the appointment of Kavita Rakesh Shah as Non-Executive Independent Director on September 18, 2023, for a period of 5 consecutive years.

Shah, aged 56 years, is currently working as a Partner with lnga Ventures Private Limited, a category I merchant Banker. She is spearheading equity capital market fundraising- public offering as well as private equity including FCCBs and other debt offerings. She also oversees advisory transactions like open offers under SAST regulations, buyback of shares, delisting, fair valuation of shares, valuation of a company, and other products like the formation of AIFs, REITs, INVITs, etc.

She was formerly a Practising Chartered Accountant for more than 10 years as a partner with S.H. Bathiya & Associates engaged in the field of Audit, Taxation, Company law matters, Management Consultancy work, Corporate Finance, etc. She also holds Merchant Banking Certification from the National Institute of Securities Market (NISM).