{"id":3279,"date":"2026-03-16T14:37:28","date_gmt":"2026-03-16T09:07:28","guid":{"rendered":"https:\/\/commercialbhp.com\/blogs\/?p=3279"},"modified":"2026-03-16T14:37:29","modified_gmt":"2026-03-16T09:07:29","slug":"greaves-cotton-announces-manish-poddar-as-cfo","status":"publish","type":"post","link":"https:\/\/commercialbhp.com\/blogs\/greaves-cotton-announces-manish-poddar-as-cfo\/","title":{"rendered":"Greaves Cotton Announces Manish Poddar as CFO"},"content":{"rendered":"\n<p>Greaves Cotton Limited has chosen Manish Poddar to be the next Group Chief Financial Officer. The person in charge of the company&#8217;s money is getting a big pay boost. The job will start on March 19, 2026. This decision is a huge step toward making the company&#8217;s financial leadership stronger as it advances forward in engineering and green transportation, which are critical areas for the company&#8217;s growth and sustainability in the coming years.<\/p>\n\n\n\n<p>The board of directors of the company convened at the corporate office in Lower Parel, Mumbai, on March 13, 2026, to make the decision. The meeting started at 9:45 a.m. IST and ended at 10:30 a.m. IST. When Akhila Balachandar, the chief financial officer and a senior member of management, left the company, its leadership changed.<\/p>\n\n\n\n<p>Poddar has been in charge of the treasury, finances, governance, and strategic business leadership for more than 25 years. People think that appointing him will improve Greaves Cotton&#8217;s corporate governance and financial strategy, notably by using innovative methods and making financial reporting easier to understand, which could lead to increased investor confidence and potentially higher investment in the company. This aspect is highly critical for getting investors to agree and making sure the business follows its word.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Greaves Cotton has a new boss.<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>On February 19, 2026, Akhila Balachandar stepped down as group CEO and managing director. The new leader took over after that.<\/li>\n\n\n\n<li>Balachandar wrote in her resignation letter that she was leaving for personal reasons and because her priorities had changed.<\/li>\n\n\n\n<li>When she was in charge, she worked hard to make the company&#8217;s financial systems and governance framework better. She also thanked the board members, chairman, and management staff for all the aid they gave her while she was there.<\/li>\n\n\n\n<li>She told the company that she would help them with the switch to ensure everything went smoothly. She also instructed the company registration team to gather and send all the necessary papers to the government.<\/li>\n\n\n\n<li>The board began searching for a new CFO to ensure that the company&#8217;s financial leadership remained solid when she left.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How the Board Makes the Decision to Run<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Audit Committee and the Nomination and Remuneration Committee told the Board of Directors what they thought, and the Board agreed to appoint Manish Poddar.<\/li>\n\n\n\n<li>This careful selection procedure shows that the company cares about excellent corporate governance and making clear decisions about who will lead.<\/li>\n\n\n\n<li>To confirm that the appointment disclosure was made, the following actions were taken:<\/li>\n\n\n\n<li>The SEBI Listing Obligations and Disclosure Requirements Regulations 2015, Regulation 30, mandate the appointment disclosure.<\/li>\n\n\n\n<li>The SEBI Master Circular came out on January 30, 2025.<\/li>\n\n\n\n<li>These kinds of reports help make sure that the government, investors, and other individuals who care about the company get news about important changes on time.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Manish Poddar&#8217;s Work History<\/strong><\/h3>\n\n\n\n<p>For more than 25 years, Manish Poddar has worked in finance, managing the treasury, corporate governance, communicating with investors, and making long-term financial plans.<\/p>\n\n\n\n<p>Over the years, he has led many well-known groups in a wide range of fields.<\/p>\n\n\n\n<p><strong>Poddar was the chief financial officer for these companies before he joined Greaves. Cotton:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>GMM Pfaudler Limited is a well-known firm that develops process equipment that people all around the world utilize.<\/li>\n\n\n\n<li>GreenCell Mobility Private Limited makes electric cars and other environmentally friendly ways to move about.<\/li>\n<\/ul>\n\n\n\n<p>While doing this task, he learned a lot about how to handle money in the fast-paced realms of business and transportation. For instance, he learned how to save money for new projects and adjust his plans to help projects that use ecologically friendly transportation.<\/p>\n\n\n\n<p>He has also held high-level finance jobs at Sun Pharmaceutical Industries Limited and Diversey India Hygiene Private Limited.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Diversey India Hygiene Private Limited<\/strong><\/li>\n\n\n\n<li><strong>Sun Pharmaceutical Industries Limited<\/strong><\/li>\n\n\n\n<li><strong>Louis Dreyfus India Ltd.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Poddar learned a lot about drugs, trading, making things, and keeping them clean while he was there.<\/p>\n\n\n\n<p>Greaves Cotton should be able to take what they learned from this to come up with smart plans that will help the firm grow in the future. Drugs, stuff to sell, and techniques to stay clean are some of these things, which include understanding market trends, effective inventory management, and compliance with regulations.<\/p>\n\n\n\n<p>He has learned how to find out about money and how to use it effectively.<\/p>\n\n\n\n<p>His education has made Manish Poddar an even better financial leader, equipping him with advanced skills in financial management and strategic planning that enhance his ability to guide organizations effectively.<\/p>\n\n\n\n<p>The Institute of Chartered Accountants of India has named him a Chartered Accountant.<\/p>\n\n\n\n<p>Poddar has more than just work experience:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>An executive MBA with an emphasis on finance<\/li>\n\n\n\n<li>A bachelor&#8217;s degree from the University of Delhi<\/li>\n<\/ul>\n\n\n\n<p>He is a competent leader in finance because he has a lot of experience in the field and a strong academic background. He can deal with complicated business tasks and make smart investments, which are essential skills for navigating the challenges faced by companies like Greaves Cotton in a competitive market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How Greaves Cotton does its work<\/strong><\/h3>\n\n\n\n<p>Greaves Cotton also made it clear who is responsible for deciding how important company events are and making sure that regulatory filings are filed on time after the leadership change.<\/p>\n\n\n\n<p>Regulation 30(5) of the Listing Regulations specifies that the following executives are authorized to conduct the activities listed below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The group is run by Parag Satpute, who is the CEO and managing director.<\/strong><\/li>\n\n\n\n<li><strong>Atindra Basu is the group&#8217;s chief lawyer and corporate secretary.<\/strong><\/li>\n\n\n\n<li><strong>Manish Poddar is the new Group CFO.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>They make sure that all the rules for disclosure are followed and keep an eye on important business events like reporting money and following the law, which is crucial for maintaining transparency and compliance within the organization.<\/p>\n\n\n\n<p>People who desire to work for the government or a corporation might call the corporate headquarters in Lower Parel, Mumbai.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Greaves Cotton Limited has been in business for over a hundred years.<\/strong><\/h3>\n\n\n\n<p>Greaves Cotton Limited is one of the oldest engineering companies in India. It has been around for over a hundred years.<\/p>\n\n\n\n<p>The company has changed a lot throughout the years. It used to sell old-school tech solutions solely, but now it also sells innovative energy and mobility tech, such as parts for electric automobiles and systems that use renewable energy.<\/p>\n\n\n\n<p>Greaves Cotton is really busy with a lot of different things right now, like<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Making and designing things<\/strong><\/li>\n\n\n\n<li><strong>Options for the powertrain<\/strong><\/li>\n\n\n\n<li><strong>Using electricity to move things<\/strong><\/li>\n\n\n\n<li><strong>Technology that helps keep travel clean<\/strong><\/li>\n<\/ul>\n\n\n\n<p>People can say that the company is listed on all of India&#8217;s major stock exchanges:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The BSE number is 501455.<\/strong><\/li>\n\n\n\n<li><strong>The National Stock Exchange of India has the ticker GREAVESCOT.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Greaves Cotton&#8217;s registered office is in the MIDC Industrial Area in Chhatrapati Sambhajinagar, Maharashtra. The main office is in Mumbai.<\/p>\n\n\n\n<p>The company is still a key element of India&#8217;s growing engineering and transportation industry.<\/p>\n\n\n\n<p>The individual they choose to be CFO will have a big impact on the company&#8217;s future.<\/p>\n\n\n\n<p>Greaves Cotton wants to grow its business in electric mobility and new engineering innovations. Because of this, Manish Poddar is now the group&#8217;s chief financial officer.<\/p>\n\n\n\n<p>Having a capable financial leadership team is crucial for the reasons listed below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>It&#8217;s really important to make informed choices about how to save and spend your money.<\/strong><\/li>\n\n\n\n<li><strong>Helping new fields of technology grow<\/strong><\/li>\n\n\n\n<li><strong>People who think about investing<\/strong><\/li>\n\n\n\n<li><strong>Tightening the rules and expectations for legal compliance and operational practices is essential.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Poddar&#8217;s work in the mobility and industrial sectors is in line with the company&#8217;s long-term goals.<\/p>\n\n\n\n<p>He has worked with money in difficult businesses before, so the company should be better able to handle changes in the market and new chances to grow. This will help it adjust how it works and take advantage of new chances as the market changes, ultimately positioning Greaves Cotton to innovate and respond effectively to emerging trends and challenges in the industry. This strategy will help Greaves Cotton grow and compete better against its competition in the long run.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What will happen to Greaves Cotton in the future?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Greaves Cotton recruited Manish Poddar to help them better manage their money. This is highly vital for their growth and for being able to deal with a market that is continually changing. The company is also striving to keep up with changes in the industry by adding new services, such as creating electric automobiles and finding more environmentally friendly methods to travel around.<\/li>\n\n\n\n<li>The Indian transportation business is changing quickly, especially when it comes to electric cars and other environmentally friendly means to move around.<\/li>\n\n\n\n<li>Greaves Cotton and other businesses are putting more money into innovative concepts and strategic alliances to be competitive in this shifting field. For example, they are working with software companies to improve their services and create new technology for electric cars.<\/li>\n\n\n\n<li>You need to have a strong financial leadership structure in place so that you can make smart investments, run the business well, and become ready for development in the future.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Conclusion<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Greaves Cotton&#8217;s choice to hire Manish Poddar as the Group Chief Financial Officer represents a big development for the company.<\/li>\n\n\n\n<li>Poddar has overseen the company&#8217;s finances, governance, and strategy for over 20 years, which is good for the company.<\/li>\n\n\n\n<li>They hired him when Akhila Balachandar quit as CFO. Balachandar had a big role in improving the company&#8217;s finances, especially by finding ways to cut costs and raise profits.<\/li>\n\n\n\n<li>Greaves Cotton requires strong financial leadership to keep its investors pleased and continue growing in engineering and transportation.<\/li>\n\n\n\n<li>The selection demonstrates the group&#8217;s commitment to effective strategic leadership and corporate governance.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">FAQs<\/h4>\n\n\n\n<p><strong>Q1<\/strong>. <strong>Who is the new CFO of Greaves Cotton?<\/strong><\/p>\n\n\n\n<p><strong>Ans<\/strong>.On March 19, 2026, Manish Poddar will become the Group Chief Financial Officer of Greaves Cotton Limited.<\/p>\n\n\n\n<p><strong>Q2<\/strong>. <strong>What made the last CFO leave?<\/strong><\/p>\n\n\n\n<p><strong>Ans<\/strong>.Akhila Balachandar left her job for personal reasons and to pursue her interests and career aspirations. She wanted to find a job that fit better with what she wanted to do with her life and career.<\/p>\n\n\n\n<p><strong>Q3 . What kinds of work has Manish Poddar done in the past?<\/strong><\/p>\n\n\n\n<p><strong>Ans<\/strong>.Manish Poddar is a Chartered Accountant with more than 25 years of expertise in finance, treasury, investor relations, governance, and charting the course for financial strategy.<\/p>\n\n\n\n<p><strong>Q4. What did Manish Poddar do before he started working at Greaves Cotton?<\/strong><\/p>\n\n\n\n<p><strong>Ans<\/strong>.Before this, he was the CFO of GMM Pfaudler Limited and GreenCell Mobility Private Limited. He has held important positions at Diversey India, Louis Dreyfus India, and Sun Pharmaceutical Industries.<\/p>\n\n\n\n<p><strong>Q5. Where is Greaves Cotton&#8217;s main office?<\/strong><\/p>\n\n\n\n<p><strong>Ans<\/strong>.Greaves Cotton&#8217;s registered office is in the MIDC Industrial Area of Chhatrapati Sambhajinagar, Maharashtra. The company&#8217;s main headquarters is in Mumbai.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greaves Cotton Limited has chosen Manish Poddar to be the next Group Chief Financial Officer. The person in charge of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[23],"tags":[1067,1069,1070,1068],"class_list":["post-3279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cv-news","tag-greaves-cotton-cfo-appointment","tag-greaves-cotton-group-cfo-2026","tag-indian-engineering-companies-leadership-news","tag-manish-poddar-greaves-cotton"],"_links":{"self":[{"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/posts\/3279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/comments?post=3279"}],"version-history":[{"count":2,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/posts\/3279\/revisions"}],"predecessor-version":[{"id":3281,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/posts\/3279\/revisions\/3281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/media\/3282"}],"wp:attachment":[{"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/media?parent=3279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/categories?post=3279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commercialbhp.com\/blogs\/wp-json\/wp\/v2\/tags?post=3279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}