Avaada Electro, the solar PV manufacturing arm of Avaada Group, announced the appointment of Kaushal Shah as its Chief Financial Officer (CFO).
A seasoned finance leader with over three decades of diverse experience, Kaushal Shah brings deep expertise in capital markets, treasury operations, M&A, investor relations, risk governance, and financial planning.
A Chartered Accountant (1993) with a PGDM in Information Systems Audit, he has built a distinguished career guiding businesses through complex financial transformations and high-growth trajectories.
Prior to joining Avaada Electro, Kaushal Shah held senior leadership roles across sectors, including manufacturing and information technology, where he led large teams, executed strategic transactions, and implemented scalable financial systems.
As CFO, Kaushal Shah will lead Avaada Electro’s financial strategy, stakeholder engagement, capital allocation, and compliance frameworks, while supporting innovation-driven growth across solar PV manufacturing and allied technologies.
Vineet Mittal, Chairman of Avaada Group, said, “Kaushal’s appointment marks a pivotal milestone in our journey to create one of the world’s most advanced and purpose-driven green manufacturing ecosystems. His financial acumen, strategic vision, and values-based leadership will be instrumental as Avaada Electro scales new heights in clean technology and sustainability. We are not just manufacturing modules — we are shaping the future of energy for Bharat and beyond.”
Kaushal Shah said, “Joining Avaada Electro is not just a professional milestone — it is a mission aligned with my values. I am honoured to be part of a visionary organisation that places purpose and sustainability at the heart of its growth strategy. I look forward to building a strong financial foundation that powers innovation and impact.”

