Shah Foods Limited was incorporated on March 18, 1982. Initially, the Company engaged in the Food Processing Business. It manufactured and sold the biscuits in India and supplied the same to Britannia Industries Limited. 

Initially, the company had the unit with the production capacity of 4,500 MTPA. During the year 2005-06, the company doubled their production capacity to 9000 MT per annum by replacing the existing 32 indirect-fired turbulence oven and also the entire line from rotary molder to cooling conveyor, stacker & packing stations.

The Company was engaged in job contract of Biscuits. The factory got closed on 30th June, 2019 and the management disposed of the undertaking of the Company. After 30th June, 2019, there was, no business transected by the Company. One thing led to another, and GM Restaurant was opened for business. The Company grew that small restaurant into one of the most iconic, famous restaurants in the province.

The Company acquired control over Tandhan Power Technologies Private Limited on March 27, 2026. The Company has amended its Main Objects to enable it to undertake activities relating to batteries, UPS and spare parts, power backup solutions, stationary batteries, solar power batteries and other battery products used across industrial, transport, commercial and consumer applications during FY 2025-26.