GREAVESCOTNSEGreaves Cotton Limited· Diesel EnginesHighNeutral
Announced Fri, 13 Mar · 10:40 IST

Greaves Cotton Limited has informed the Exchange about change in Management

Cfo ResignedKmp ResignedManagement Changes View source PDF

GREAVESCOT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹142.99
prior close
₹140.15
base price
In-mkt
timing
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AI summary

Greaves Cotton's Board has approved a CFO change effective 19th March 2026. Mrs. Akhila Balachandar has resigned as Chief Financial Officer citing personal reasons and other priorities, after serving in the role. In her place, the Board has appointed Mr. Manish Poddar as the new Group Chief Financial Officer, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee. Mr. Poddar brings over 25 years of finance experience, including prior CFO stints at GMM Pfaudler Limited and GreenCell Mobility, and has held senior finance leadership roles at Sun Pharma, Diversey, and Louis Dreyfus. He is a Chartered Accountant with an Executive MBA in Finance.

Likely market impact

This is a routine, well-managed leadership transition with no governance red flags. The incoming CFO is an experienced external hire with a strong track record, which is generally viewed positively by investors. Shareholders should watch for the new CFO's strategic priorities in upcoming earnings calls.