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Vandan Sitaram Shah

Active Director Director DIN 00759570
DIN 00759570 First appointment Feb 1981 Primary industry Energy and Power
Unlock full profile Investments · shareholding · contact details
Current companies 5 active board seats
Past companies 8 historical roles
Total affiliations 13 Since Feb 1981
Shareholding value •••• Premium profile

About Vandan Sitaram Shah

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Vandan Sitaram Shah is a Director at Hind Rectifiers Limited (since 2017), Director at Indef Manufacturing Limited (since 2025) and Director at Sipra Engineers Private Limited (since 1981), and holds 2 more current directorships. The companies operate in Energy and Power, Machinery and Equipment and Manufacturing. The 5 current companies with reported revenue have a combined latest revenue of ₹974 Cr; the largest is Hind Rectifiers Limited at ₹657 Cr (FY 2025). Earlier, Vandan Sitaram Shah was a Director at Kantilal Chhaganlal Securities Private Limited (2008–2009) and Director at Rishi Laser Limited (2005–2014) and 6 more.

DIN 00759570
Primary Designation Director
Industry Energy and Power
First Appointment 25 Feb 1981
Oldest Company Age 68 yrs
Largest company Hind Rectifiers Limited · ₹657 Cr (FY 2025)
Combined revenue ₹974 Cr across 5 companies

Current companies

CompanyDesignationAppointmentFoundedRevenueStatus
Hind Rectifiers Limited L28900MH1958PLC011077
Director15 Jan 20171958₹657 Cr (FY 2025)Active
Indef Manufacturing Limited L29308MH2022PLC390286
Director27 May 20252022₹194 Cr (FY 2025)Active
Sipra Engineers Private Limited U28920MH1978PTC020543
Director25 Feb 19811969₹102 Cr (FY 2025)Active
Director01 Jul 20141982₹14.67 Cr (FY 2025)Active
Hercules Investments Limited L66309MH1962PLC012385
Director06 Feb 20161962₹6.15 Cr (FY 2025)Active

Previous companies

CompanyDesignationAppointmentFoundedRevenueStatus
Director04 Jul 20081995₹238 Cr (FY 2025)Active
Rishi Laser Limited L99999MH1992PLC066412
Director24 Dec 20051992₹151 Cr (FY 2025)Active
Director01 Mar 20201969₹11.3 Lakh (FY 2023)Amalgamated
Director28 Oct 20061996Amalgamated
Director21 Jan 20131982₹1.1 Lakh (FY 2023)Amalgamated
Director01 Apr 20111996Amalgamated
Director06 May 20142010Amalgamated
Designated Partner31 Dec 20152015Strike Off

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Board colleagues of Vandan Sitaram Shah

NameDINCompanyDesignation
Akshada Suramya Nevatia05357438Hind Rectifiers LimitedWhole-Time Director
Anil Kumar Mathura Prasad NemaniHind Rectifiers LimitedCfo
Ashlesha Rajeev Bodas00935512Hind Rectifiers LimitedDirector
Manoj Rajgopalan NairHind Rectifiers LimitedCeo
Parimal Merchant00201962Hind Rectifiers LimitedDirector
Suhas Gopal PawarHind Rectifiers LimitedCompany Secretary
Suramya Saurabh Nevatia06703910Hind Rectifiers LimitedManaging Director
Vishal Pradip Kumar Pacheriwala07244575Hind Rectifiers LimitedDirector
Amit Bhalla08215712Indef Manufacturing LimitedManaging Director
Bijay Kumar AgrawalIndef Manufacturing LimitedCfo
Girija Balakrishnan06841071Indef Manufacturing Limited , Hercules Investments LimitedDirector
Jayavanth Kallianpur Mallya00094057Indef Manufacturing Limited , Hercules Investments LimitedDirector
Mahendrakumar Amritlal Gohel09425947Indef Manufacturing Limited , Hercules Investments LimitedAdditional Director
Pooja Bajaj08254455Indef Manufacturing LimitedAdditional Director
Shekhar Bajaj00089358Indef Manufacturing Limited , Hercules Investments LimitedDirector
Vikram Taranath Hosangady09757469Indef Manufacturing LimitedDirector
Vineesh Vijayan ThazhumpalIndef Manufacturing LimitedCompany Secretary
Ekta Vandan Shah07887214Sipra Engineers Private Limited , Sipra Services And Investments Pvt LtdDirector
Mallikarjun Madgondappa Umadi03025724Sipra Engineers Private LimitedManaging Director
Gaurav Vinod Nevatia01005866Sipra Services And Investments Pvt LtdDirector
Chandrasekar PillutlaHercules Investments LimitedCompany Secretary
Hariprasad Anandkishore Nevatia00066955Hercules Investments LimitedWhole-Time Director
Neelima Aditya Bajaj Swamy03120441Hercules Investments LimitedDirector
Siddhesh Vilas GokhaleHercules Investments LimitedCfo

Directorship timeline

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Hind Rectifiers Limited
Veena Die Casters And Engineers Private Limited
Veena Castings And Components Private Limited
Kansai Sipra Diecasting Private Limited
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Shareholding and investment profile for Vandan Sitaram Shah

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Frequently Asked Questions about Vandan Sitaram Shah

Vandan Sitaram Shah currently holds 5 directorships: Hind Rectifiers Limited (Director, since 15 Jan 2017, revenue ₹657 Cr (FY 2025)); Indef Manufacturing Limited (Director, since 27 May 2025, revenue ₹194 Cr (FY 2025)); Sipra Engineers Private Limited (Director, since 25 Feb 1981, revenue ₹102 Cr (FY 2025)); Sipra Services And Investments Pvt Ltd (Director, since 01 Jul 2014, revenue ₹14.67 Cr (FY 2025)); Hercules Investments Limited (Director, since 06 Feb 2016, revenue ₹6.15 Cr (FY 2025)).

Vandan Sitaram Shah was first appointed on 25 Feb 1981 as Director at Sipra Engineers Private Limited. The most recent appointment on record is 27 May 2025 at Indef Manufacturing Limited.

The 5 current companies of Vandan Sitaram Shah that report revenue have a combined latest revenue of ₹974 Cr: Hind Rectifiers Limited ₹657 Cr (FY 2025); Indef Manufacturing Limited ₹194 Cr (FY 2025); Sipra Engineers Private Limited ₹102 Cr (FY 2025); Sipra Services And Investments Pvt Ltd ₹14.67 Cr (FY 2025); Hercules Investments Limited ₹6.15 Cr (FY 2025).

Vandan Sitaram Shah held 8 earlier board appointments: Kantilal Chhaganlal Securities Private Limited (Director, 04 Jul 2008 to 12 Dec 2009); Rishi Laser Limited (Director, 24 Dec 2005 to 10 Mar 2014); Veena Die Casters And Engineers Private Limited (Director, from 01 Mar 2020); Veena Castings And Components Private Limited (Director, from 28 Oct 2006); Kansai Sipra Diecasting Private Limited (Director, from 21 Jan 2013); and 3 more.

The current boards of Vandan Sitaram Shah's companies include Akshada Suramya Nevatia (Hind Rectifiers Limited), Anil Kumar Mathura Prasad Nemani (Hind Rectifiers Limited), Ashlesha Rajeev Bodas (Hind Rectifiers Limited), Manoj Rajgopalan Nair (Hind Rectifiers Limited), Parimal Merchant (Hind Rectifiers Limited), Suhas Gopal Pawar (Hind Rectifiers Limited), among others.

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