Avaada Electro, the solar PV manufacturing arm of Avaada Group, has appointed Kaushal Shah as its new Chief Financial Officer (CFO). In his new role, Shah will be responsible for leading the company’s financial strategy, stakeholder engagement, capital allocation, and compliance frameworks.

In a statement, Avaada Group Chairman Vineet Mittal said Shah’s financial expertise, strategic insight, and values-driven leadership will be crucial as Avaada Electro accelerates its clean technology and sustainability initiatives.

A seasoned finance professional with over three decades of experience, Shah is a Chartered Accountant and holds a postgraduate diploma in Information Systems Audit. His career spans leadership roles in capital markets, treasury, M&A, investor relations, risk governance, and financial planning across sectors such as manufacturing and IT.

Avaada Electro is currently focused on pushing solar cell efficiencies beyond 25.5% and increasing module output from 720 Wp to 800 Wp, in line with global benchmarks.

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