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Madhusudan Nyalchand Shah
About Madhusudan Nyalchand Shah
Data last updated:
Madhusudan Nyalchand Shah is a Director at Encube Ethicals Private Limited (since 1995), Director at Relief Pharmaceuticals Private Limited (since 1981) and Director at Ciens Investment Advisory Services Private Limited (since 2005). The companies operate in Pharma and Financial Services. The 3 current companies with reported revenue have a combined latest revenue of ₹1,376 Cr; the largest is Encube Ethicals Private Limited at ₹1,369 Cr (FY 2025).
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Encube Ethicals Private Limited U24230MH1995PTC092485 | Director | 07 Sep 1995 | 1995 | ₹1,369 Cr (FY 2025) | Active |
 Relief Pharmaceuticals Private Limited U24239MH1981PTC024506 | Director | 30 May 1981 | 1981 | ₹4.27 Cr (FY 2022) | Active |
| Ciens Investment Advisory Services Private Limited U74110MH2000PTC124315 | Director | 25 Nov 2005 | 2000 | ₹2.47 Cr (FY 2025) | Active |
Board colleagues of Madhusudan Nyalchand Shah
| Name | DIN | Company | Designation |
|---|---|---|---|
| Amit Varma | 02241746 | Encube Ethicals Private Limited | Director |
| Himanshu Mahendra Gandhi | 00784178 | Encube Ethicals Private Limited , Ciens Investment Advisory Services Private Limited | Director |
| Jinaraja Sanjeeva Poojary | 11389350 | Encube Ethicals Private Limited | Director |
| Mehul Madhusudan Shah | 00312359 | Encube Ethicals Private Limited , Relief Pharmaceuticals Private Limited and 1 more | Managing Director |
| Nilesh Navinchandra Maniar | 00330165 | Encube Ethicals Private Limited , Ciens Investment Advisory Services Private Limited | Director |
| Parineeta Shivaprasad Poonja | Encube Ethicals Private Limited | Company Secretary |
Directorship timeline
Open interactive timeline →Shareholding and investment profile for Madhusudan Nyalchand Shah
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Frequently Asked Questions about Madhusudan Nyalchand Shah
Madhusudan Nyalchand Shah currently holds 3 directorships: Encube Ethicals Private Limited (Director, since 07 Sep 1995, revenue ₹1,369 Cr (FY 2025)); Relief Pharmaceuticals Private Limited (Director, since 30 May 1981, revenue ₹4.27 Cr (FY 2022)); Ciens Investment Advisory Services Private Limited (Director, since 25 Nov 2005, revenue ₹2.47 Cr (FY 2025)).
Madhusudan Nyalchand Shah was first appointed on 30 May 1981 as Director at Relief Pharmaceuticals Private Limited. The most recent appointment on record is 25 Nov 2005 at Ciens Investment Advisory Services Private Limited.
The 3 current companies of Madhusudan Nyalchand Shah that report revenue have a combined latest revenue of ₹1,376 Cr: Encube Ethicals Private Limited ₹1,369 Cr (FY 2025); Relief Pharmaceuticals Private Limited ₹4.27 Cr (FY 2022); Ciens Investment Advisory Services Private Limited ₹2.47 Cr (FY 2025).
The current boards of Madhusudan Nyalchand Shah's companies include Amit Varma (Encube Ethicals Private Limited), Himanshu Mahendra Gandhi (Encube Ethicals Private Limited), Jinaraja Sanjeeva Poojary (Encube Ethicals Private Limited), Mehul Madhusudan Shah (Encube Ethicals Private Limited), Nilesh Navinchandra Maniar (Encube Ethicals Private Limited), Parineeta Shivaprasad Poonja (Encube Ethicals Private Limited).