Greaves Cotton Limited has announced the appointment of Manish Poddar as Group Chief Financial Officer, effective March 19, 2026. He will be based in Mumbai and will lead the company’s Finance and IT functions.

Poddar succeeds Akhila Balachandar, who is stepping down from the role to pursue new professional opportunities.

A qualified Chartered Accountant with over 25 years of experience, Poddar has held senior leadership roles at Greencell Mobility, GMM Pfaudler Ltd., and Diversey, where he contributed to strengthening financial performance, driving transformation initiatives, and supporting long-term strategic growth. He has also worked with private equity-backed firms associated with Bain Capital and Chrys Capital.

Commenting on the appointment, Parag Satpute, Managing Director & Group CEO of Greaves Cotton, said Poddar joins the company during a phase of disciplined and strategic expansion under the “Greaves.NEXT” strategy, which focuses on growth across energy, mobility, and industrial solutions.

Satpute also thanked outgoing CFO Akhila Balachandar for strengthening the company’s financial foundation during her tenure and wished her success in her future endeavors.