Greaves Cotton Limited announced the appointment of Manish Poddar as its new Group Chief Financial Officer, effective March 19, 2026. Manish Poddar succeeds Akhila Balachandar, who is stepping down to pursue other professional opportunities. Poddar brings over 25 years of experience in financial leadership and strategy, supporting the company’s Greaves.NEXT growth roadmap across Energy, Mobility, and Industrial Solutions.
Greaves Cotton Appoints New Group CFO
Greaves Cotton Limited, a leading diversified engineering company, has appointed Manish Poddar as its Group Chief Financial Officer (CFO), effective March 19, 2026. Based in Mumbai, Poddar will take charge of the Finance and IT functions, tasked with supporting the company’s strategic roadmap, Greaves.NEXT, focused on sustainable expansion in Energy, Mobility, and Industrial Solutions.
Succession and Experience
Manish Poddar replaces Akhila Balachandar, who is leaving the role to embark on the next chapter of her career. Poddar is a Qualified Chartered Accountant with over 25 years of cross-industry experience in financial leadership, strategy, and corporate governance. His previous senior roles include positions at Greencell Mobility, GMM Pfaudler Ltd., and Diversey, with significant exposure to Private Equity firms like Bain Capital and Chrys Capital.
Leadership Perspective
Mr. Parag Satpute, Managing Director & Group CEO of Greaves Cotton Limited, expressed confidence in the new appointment, stating that Poddar’s financial expertise will be “invaluable as we drive sustainable growth and long-term value creation.” Mr. Satpute also extended sincere gratitude to Akhila Balachandar for her contributions to strengthening the organization’s financial underpinnings during her tenure.
About Greaves Cotton Limited
With a legacy spanning over 165 years, Greaves Cotton Limited is focused on delivering innovative and sustainable engineering solutions. The company’s growth strategy centers on three core dimensions: accelerating core businesses, building new capabilities onto the core, and expanding into new horizons including Energy Solutions, Mobility Solutions, and Industrial Solutions.
Source: BSE
