Greaves Cotton Appoints Manish Poddar Group CFO

Poddar is a qualified chartered accountant with over 25 years of experience in financial leadership, strategy and corporate governance. He has held senior roles at Greencell Mobility, GMM Pfaudler Limited and Diversey, where he contributed to improved financial performance and transformation initiatives. His experience includes engagements with promoter groups and private equity investors, including Bain Capital and Chrys Capital.

Poddar will succeed Akhila Balachandar, who will step down to pursue the next stage of her professional career. The managing director said Poddar's depth of financial expertise and strategic perspective will be important as the company seeks to drive sustainable growth and long term value creation for stakeholders. The statement also expressed gratitude for Balachandar's contributions in strengthening the organisation's financial foundations during her tenure.

Greaves Cotton Limited, with a legacy of over 165 years, described itself as a diversified engineering company focusing on precision engineering and technology leadership. The company said its growth strategy rests on accelerating core businesses, building new capabilities onto the core and expanding into Energy Solutions, Mobility Solutions and Industrial Solutions. The group noted its role as a major manufacturer of single cylinder diesel engines and its longstanding association with defence and naval applications.

The release highlighted subsidiaries such as Greaves Electric Mobility Limited (GEML) and Greaves Finance Limited, noting their roles in accelerating electric vehicle adoption through manufacturing and financing solutions. It advised readers to consult company channels for further information and noted that forward looking statements are subject to risks, including economic, regulatory and market factors. For media or investor enquiries contact details were provided by the company.