Servotech Renewable Power System Limited has informed the Exchange regarding Outcome of Board Meeting held on March 30, 2026.
SERVOTECH · price
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The board of Servotech Renewable Power System Limited approved a series of leadership changes following its March 30, 2026 meeting. Mr. Vikas Bhatia will step down as Chief Financial Officer effective March 31, 2026, in order to move into a new role within the company. Mr. Vipin Kaushik, currently the Financial Controller and a Chartered Accountant with over 20 years of experience, will take over as the new CFO from April 1, 2026. Mr. Prem Prakash has been appointed as the new Chief Operating Officer from April 1, 2026, bringing over 25 years of cross-sector leadership experience, while the outgoing COO Mr. Anil Kumar Yadav will continue with the company as Head of EPC Planning & Engineering. Additionally, Mr. Abhishek Khandelwal, a Chartered Accountant with 8 years of internal audit experience, has been appointed as Internal Auditor with immediate effect.
This is an internal leadership reshuffle rather than an actual exit, since the outgoing CFO is being reassigned within the company. Short-term continuity risk is low, but investors may want to watch how smoothly the finance and operations handovers take place in the coming quarters.