Divyesh Shah is the Executive Director and CEO of Indiabulls Ltd.

He joined the Indiabulls Group in 2000 and has since grown through every significant phase of its evolution — from building one of India's largest retail broking networks to leading the Group's expansion into real estate and financial services. That journey across multiple business cycles and roles has given him an understanding of the organisation that very few can match.

Mr. Shah has a proven ability to navigate complexity — whether steering through regulatory shifts, restructuring businesses, or identifying where the next phase of growth needs to come from. His approach has consistently been grounded in disciplined risk management, operational rigour, and a belief that technology, when applied well, is a genuine competitive advantage.

In his current role, he has sharpened the Group's focus on real estate — driving the development of residential, commercial, and mixed-use projects — while simultaneously building out its digital financial services capabilities to serve India's growing retail investor base.