At Treu Valuation Services, we truly believe that “Our People Are Our Greatest Asset.”
We take pride in a team of highly qualified and motivated professionals who bring deep expertise in Business Valuation, Financial Reporting, and Valuation Advisory Services. United by a shared vision and passion, our experts are encouraged to lead, innovate, and excel—delivering meaningful insights that empower clients to thrive in today’s competitive environment.
Manoj V. Kasat
Director
Manoj V. Kasat
Director
Manoj V. Kasat is a Director at Treu Valuation Services Pvt. Ltd. and leads the Plant & Machinery Valuation practice. He has over 10 years of experience in valuation, engineering and technical advisory, with assignments exceeding ₹5,500 crore across manufacturing, engineering, infrastructure and other industrial sectors. He has handled major valuations for public and private sector companies, including complex debt restructuring, insolvency matters and transaction-related assessments. Manoj is empaneled as a Government-Approved Valuer with SBI, PNB, Bank of Baroda, SIDBI and other institutions. He is a Chartered Engineer and an IBBI Registered Valuer for Plant & Machinery, bringing strong technical insight and industry experience to every engagement.
Contact No: +91 98900 48449
Shivaji Pingale
Director
Shivaji Pingale
Director
Shivaji Pingale is a Director at Treu Valuation Services Pvt. Ltd. and leads the Land & Building Valuation practice. A B.E. Civil graduate with a PGP in Advanced Construction Management, he is an IBBI Registered Valuer for Land & Building with more than 12 years of experience in valuations, technical due diligence, market analysis and regulatory compliance. He has handled valuation and advisory assignments across residential, commercial, industrial and infrastructure assets, supporting lenders, corporates and investors with accurate and defensible reports. Shivaji is also a Government-Approved Valuer for major nationalised and private sector banks and has managed several complex real estate due diligence and consulting engagements across diverse sectors.
Contact No: +91 98900 48449
CA Parushana Chhajed
Director
CA Parushana Chhajed
Director
Parushana is a Director at Treu Valuation Services Pvt. Ltd. She is a Chartered Accountant and an IBBI Registered Valuer for Securities & Financial Assets with extensive experience in valuation, IBC assignments and corporate restructuring. Her work includes exchange ratio recommendations, fairness opinions, valuations under SEBI regulations, FEMA, the Companies Act and Income Tax, IBC valuations, family settlements, litigation matters and purchase price allocations across various industries. Parushana also advises clients on financial structuring and transaction-related strategies. In addition to her role at Treu, she is a Partner at M/s. Jain Chhajed & Associates, where she manages financial modelling and business reorganisation assignments. She supports corporates, lenders and investors with clear, reliable and compliance-focused valuation and advisory services.
Contact No: +91 93729 34040
CA Suyash Chhajed
Member
CA Suyash Chhajed
Member
Suyash is a Chartered Accountant, Commerce Graduate from Poddar College, Mumbai, and Law Graduate from GLC, Mumbai, with over 19 years of experience in finance and advisory services. He specializes in debt syndication, government incentives, capital structuring and taxation, and is also a qualified Insolvency Professional with experience in CIRP and liquidation matters. He has advised clients across finance, equity, direct and indirect taxes, customs and trade policies, and is known for his strong analytical and decision-making capabilities. At Treu, he provides strategic guidance across valuation, financial advisory and IBC-related assignments, contributing significantly to the firm’s clarity, compliance and overall direction.
Shailesh Gaikwad
Member
Shailesh Gaikwad
Member
Shailesh brings over 18 years of experience in finance and oversees documentation and professional coordination at Treu. He manages workflows, resources and task execution while acting as a key liaison between internal teams, clients and vendors. His structured approach ensures smooth project progress, timely delivery and alignment with organizational objectives.
CA Harshita Lunkad
Member
CA Harshita Lunkad
Member
Harshita is a Commerce Graduate and an ICAI member since 2023, specializing in accounting, auditing, taxation, financial management and valuations. She supports clients in maintaining accurate financial records, ensuring regulatory compliance and making informed financial decisions. Her work includes share issuances, business restructuring and capital gains computations across various assignments.
CA Rucha Kharwandikar
Member
CA Rucha Kharwandikar
Member
An ICAI Associate Member with an M.Com, Rucha specializes in project finance, audits, financial advisory, DPR preparation and business valuations. She also handles statutory and income tax audits, LC discounting and regulatory compliance, supporting clients with actionable financial insights and comprehensive project assessments.
About Us
Treu Valuation Services Private Limited
Balanced Valuations, Reliable Business Decisions
Ascertaining/establishing the value of a business is a complicated and intricate process. Even valuation experts have referred to it as more of an art than a science. Valuing a business requires the determination of its future earnings potential, the risks inherent in those future earnings, an analysis of its mix of physical and intangible assets, and the general economic and industry conditions.
Our Team

Manoj V. Kasat

Shivaji D. Pingale
Shivaji Pingale is a Director at Treu Valuation Services Pvt. Ltd. and leads the Land & Building Valuation practice. A B.E. Civil graduate with a PGP in Advanced Construction Management, he is an IBBI Registered Valuer for Land & Building with more than 12 years of experience in valuations, technical due diligence, market analysis and regulatory compliance. He has handled valuation and advisory assignments across residential, commercial, industrial and infrastructure assets, supporting lenders, corporates and investors with accurate and defensible reports. Shivaji is also a Government-Approved Valuer for major nationalized and private sector banks and has managed several complex real estate due diligence and consulting engagements across diverse sectors.

CA Parushana Chhajed
Parushana is a Director at Treu Valuation Services Pvt. Ltd. She is a Chartered Accountant and an IBBI Registered Valuer for Securities & Financial Assets with extensive experience in valuation, IBC assignments and corporate restructuring. Her work includes exchange ratio recommendations, fairness opinions, valuations under FEMA, the Companies Act and Income Tax, IBC valuations, family settlements, litigation matters and purchase price allocations across various industries. Parushana also advises clients on financial structuring and transaction-related strategies. In addition to her role at Treu, she is a Partner at M/s. Jain Chhajed & Associates, where she manages financial modelling and business reorganization assignments. She supports corporates, lenders and investors with clear, reliable and compliance-focused valuation and advisory services.

CA Suyash Chhajed
Suyash is a Chartered Accountant, Commerce Graduate from Poddar College, Mumbai, and Law Graduate from GLC, Mumbai, with over 19 years of experience in finance and advisory services. He specializes in debt syndication, government incentives, capital structuring and taxation, and is also a qualified Insolvency Professional with experience in CIRP and liquidation matters. He has advised clients across finance, equity, direct and indirect taxes, customs and trade policies, and is known for his strong analytical and decision-making capabilities. At Treu, he provides strategic guidance across valuation, financial advisory and IBC-related assignments, contributing significantly to the firm’s clarity, compliance and overall direction.

Shailesh Gaikwad
Shailesh brings over 18 years of experience in finance and oversees documentation and professional coordination at Treu. He manages workflows, resources and task execution while acting as a key liaison between internal teams, clients and vendors. His structured approach ensures smooth project progress, timely delivery and alignment with organizational objectives.

CA Harshita Lunkad
Harshita is a Commerce Graduate and an ICAI member since 2023, specializing in accounting, auditing, taxation, financial management and valuations. She supports clients in maintaining accurate financial records, ensuring regulatory compliance and making informed financial decisions. Her work includes share issuances, business restructuring and capital gains computations across various assignments.

CA Rucha Kharwandikar
An ICAI Associate Member with an M.Com, Rucha specializes in project finance, audits, financial advisory, DPR preparation and business valuations. She also handles statutory and income tax audits, LC discounting and regulatory compliance, supporting clients with actionable financial insights and comprehensive project assessments.
