India's Richest People 2026 edition · Source: Hurun India
Rank#748- Wealth
- ₹4,200 Cr
- Company
- Edelweiss Financial Services
2019 #310 2018 #154 2017 #175
Current companies 11 active board seats
Past companies 9 historical roles
Total affiliations 20 Since Nov 1995
Shareholding value •••• Premium profile
About Rashesh Chandrakant Shah
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Rashesh Chandrakant Shah is a Director at Ecl Finance Limited (since 2019), Whole-Time Director at Eaaa India Alternatives Limited (since 2024) and Managing Director at Edelweiss Financial Services Limited (since 1995), and holds 8 more current directorships. The companies operate in Financial Services, Education & Learing and Business Outsourcing. The 7 current companies with reported revenue have a combined latest revenue of ₹4,026 Cr; the largest is Ecl Finance Limited at ₹3,079 Cr (FY 2018). Earlier, Rashesh Chandrakant Shah was a Director at Edelweiss Asset Reconstruction Company Limited (2007–2024) and Nominee Director at Nuvama Wealth Management Limited (2000–2023) and 7 more.
Rashesh Chandrakant Shah and family are #748 among India's richest people (2026), with wealth of ₹4,200 Cr.
DIN 00008322
Primary Designation Director
Industry Financial Services
First Appointment 21 Nov 1995
Oldest Company Age 30 yrs
Largest company Ecl Finance Limited · ₹3,079 Cr (FY 2018)
Combined revenue ₹4,026 Cr across 7 companies
Recognitions & Rankings
India's Top Philanthropists 2020 edition · Source: Hurun India
Rank#99- Donation
- ₹7 Cr
- Main cause
- Education
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Ecl Finance Limited U65990MH2005PLC154854 | Director | 05 Mar 2019 | 2005 | ₹3,079 Cr (FY 2018) | Active |
 Eaaa India Alternatives Limited U67190MH2008PLC182205 | Whole-Time Director | 28 Aug 2024 | 2008 | ₹787 Cr (FY 2025) | Active |
| Edelweiss Financial Services Limited L99999MH1995PLC094641 | Managing Director | 21 Nov 1995 | 1995 | ₹102 Cr (FY 2024) | Active |
 Edelweiss Asset Management Limited U65991MH2007PLC173409 | Director | 16 Aug 2024 | 2007 | ₹53.86 Cr (FY 2018) | Active |
 Rashesh & Vidya Shah Family Foundation U80902MH2018NPL315585 | Director | 10 Oct 2018 | 2018 | ₹4.94 Cr (FY 2025) | Active |
 Edelweiss Life Insurance Company Limited U66010MH2009PLC197336 | Director | 25 Nov 2009 | 2009 | ₹8.6 Lakh (FY 2020) | Active |
| Mabella Trustee Services Private Limited U65910MH2006PTC162818 | Director | 13 Mar 2017 | 2006 | ₹3.1 Lakh (FY 2025) | Active |
 Zuno General Insurance Limited U66000MH2016PLC273758 | Director | 18 Jul 2022 | 2016 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Edelweiss Asset Reconstruction Company Limited U67100MH2007PLC174759 | Director | 05 Oct 2007 | 2007 | ₹1,069 Cr (FY 2024) | Active |
 Nuvama Wealth Management Limited L67110MH1993PLC344634 | Nominee Director | 26 Dec 2000 | 1993 | ₹4,650 Cr (FY 2026) | Active |
 Rediff. Com India Limited U22100MH1996PLC096077 | Director | 26 Apr 2006 | 1996 | ₹36.67 Cr (FY 2024) | Active |
| Edelweiss Trusteeship Company Limited U67100MH2007PLC173779 | Director | 03 Sep 2007 | 2007 | ₹42.7 Lakh (FY 2025) | Active |
 Gallagher Insurance Brokers Private Limited U72200MH2000PTC124096 | Director | 08 Feb 2000 | 2000 | ₹92.79 Cr (FY 2025) | Active |
| Federation Of Indian Chamber Of Commerce And Industry U99999DL1956NPL002635 | Director | 19 Dec 2015 | 1956 | ₹339 Cr (FY 2025) | Active |
 International Print-O-Pac Limited U22219DL1981PLC012808 | Director | 14 Jan 2007 | 1981 | ₹21.11 Cr (FY 2023) | Active |
| Icleo Com Limited U72900MH1999PLC121825 | Director | 20 Sep 1999 | 1999 | Strike Off | |
| Lilium Properties Llp AAH-2431 | Designated Partner | 29 Aug 2016 | 2016 | Strike Off |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Rashesh Chandrakant Shah
Directorship timeline
Open interactive timeline →Mabella Trustee Services Private Limited
Ecl Finance Limited
Zuno General Insurance Limited
Edelweiss Life Insurance Company Limited
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Shareholding and investment profile for Rashesh Chandrakant Shah
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Frequently Asked Questions about Rashesh Chandrakant Shah
Rashesh Chandrakant Shah currently holds 11 directorships: Ecl Finance Limited (Director, since 05 Mar 2019, revenue ₹3,079 Cr (FY 2018)); Eaaa India Alternatives Limited (Whole-Time Director, since 28 Aug 2024, revenue ₹787 Cr (FY 2025)); Edelweiss Financial Services Limited (Managing Director, since 21 Nov 1995, revenue ₹102 Cr (FY 2024)); Edelweiss Asset Management Limited (Director, since 16 Aug 2024, revenue ₹53.86 Cr (FY 2018)); Rashesh & Vidya Shah Family Foundation (Director, since 10 Oct 2018, revenue ₹4.94 Cr (FY 2025)); and 6 more.
Rashesh Chandrakant Shah was first appointed on 21 Nov 1995 as Managing Director at Edelweiss Financial Services Limited. The most recent appointment on record is 28 Aug 2024 at Eaaa India Alternatives Limited.
The 7 current companies of Rashesh Chandrakant Shah that report revenue have a combined latest revenue of ₹4,026 Cr: Ecl Finance Limited ₹3,079 Cr (FY 2018); Eaaa India Alternatives Limited ₹787 Cr (FY 2025); Edelweiss Financial Services Limited ₹102 Cr (FY 2024); Edelweiss Asset Management Limited ₹53.86 Cr (FY 2018); Rashesh & Vidya Shah Family Foundation ₹4.94 Cr (FY 2025); and 2 more.
Rashesh Chandrakant Shah held 9 earlier board appointments: Edelweiss Asset Reconstruction Company Limited (Director, 05 Oct 2007 to 30 Sep 2024); Nuvama Wealth Management Limited (Nominee Director, 26 Dec 2000 to 17 Mar 2023); Rediff. Com India Limited (Director, 26 Apr 2006 to 28 Apr 2015); Edelweiss Trusteeship Company Limited (Director, 03 Sep 2007 to 28 Feb 2013); Gallagher Insurance Brokers Private Limited (Director, 08 Feb 2000 to 17 Dec 2009); and 4 more.
The current boards of Rashesh Chandrakant Shah's companies include Aalok Gupta (Ecl Finance Limited), Ajay Khurana (Ecl Finance Limited), Atul Pande (Ecl Finance Limited), Inara Haiyat Wadhwania (Ecl Finance Limited), Kashmira Joji Mathew (Ecl Finance Limited), Pandiyan Kumaresan (Ecl Finance Limited), among others.