Greaves Cotton Limited, a leading diversified engineering company in India, has announced the appointment of Manish Poddar as its Group Chief Financial Officer, effective 19 March 2026. Based in Mumbai, he will oversee the Finance and IT functions while supporting the company’s Greaves.NEXT strategy, which focuses on driving sustainable growth across energy, mobility, and Industrial Solutions. He succeeds Akhila Balachandar, who will step down from the role to pursue new professional opportunities.
Manish Poddar is a qualified Chartered Accountant with more than 25 years of experience in financial leadership, strategic planning, and corporate governance. Before joining Greaves, he held senior leadership positions at Greencell Mobility, GMM Pfaudler Ltd., and Diversey, where he contributed to improving financial performance, leading transformation initiatives, and supporting long-term business growth. He has also worked with both promoter-led organizations and private equity-backed companies, including Bain Capital and ChrysCapital.
“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.
Mr. 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.”
