Greaves Cotton appoints Manish Poddar as Group CFO, Succeeds Akhila Balachandar

Greaves Cotton Limited, one of India's leading diversified engineering companies, today announced the appointment of Manish Poddar as its Group Chief Financial Officer, effective 19th March 2026. Based in Mumbai, Manish will lead the Finance and IT functions and support the Greaves.NEXT strategy - the company's future-focused roadmap for sustainable growth across Energy, Mobility, and Industrial Solutions. Manish succeeds Akhila Balachandar, who will be stepping down from the role to pursue the next chapter of her professional journey.

Manish Poddar is a Qualified Chartered Accountant with over 25 years of experience across financial leadership, strategy and corporate governance. Prior to joining Greaves, he held senior leadership roles at Greencell Mobility, GMM Pfaudler Ltd., and Diversey, where he played a key role in strengthening financial performance, driving transformation initiatives, and supporting long-term strategic growth. His industry experience includes working with both promoter and Private Equity firms, including Bain Capital and Chrys Capital.

"Manish joins us in a period of disciplined and strategic expansion of the company, as we enter the next phase of growth under the Greaves.Next strategy. His depth of financial expertise and strategic perspective will be invaluable as we drive sustainable growth and long-term value creation for our stakeholders." said Mr. Parag Satpute, Managing Director & Group CEO, Greaves Cotton Limited.

Parag Satpute also said: "We would like to extend our sincere gratitude to Akhila Balachandar for strengthening the financial underpinnings of the organisation during her tenure. We thank her for her dedication to the company and wish her every success as she embarks on a new professional chapter."

Shares of Greaves Cotton Limited was last trading in BSE at Rs. 142.85 as compared to the previous close of Rs. 144.10. The total number of shares traded during the day was 82354 in over 912 trades.

The stock hit an intraday high of Rs. 147.95 and intraday low of 142.30. The net turnover during the day was Rs. 11953204.00.

Source : Equity Bulls

Keywords

GreavesCotton INE224A01026 Appointment GroupCFO