Servotech Renewable Power System Limited has informed the Exchange regarding Cessation of Mr Vikas Bhatia as Chief Financial Officer of the company w.e.f. March 31, 2026.
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Servotech Renewable Power System Limited has announced multiple leadership changes following a board meeting on March 30, 2026. Mr. Vikas Bhatia will step down as Chief Financial Officer effective March 31, 2026, in order to take on a new role within the company. Mr. Vipin Kaushik, currently the Financial Controller and a Chartered Accountant with over 20 years of experience, has been appointed as the new CFO from April 1, 2026. Mr. Prem Prakash, with 25+ years of leadership experience across sectors like FMCG, e-commerce, and green mobility, has been appointed as Chief Operating Officer from April 1, 2026, replacing Mr. Anil Kumar Yadav, who will continue with the company in a re-designated role as Head – EPC Planning & Engineering. Additionally, Mr. Abhishek Khandelwal, a Chartered Accountant with 8+ years of internal audit experience, has been appointed as the new Internal Auditor with immediate effect.
The transition appears orderly and pre-planned, with a smooth internal handover of the CFO and COO roles and no disruptions expected in operations. Shareholders may view this as a routine leadership refresh, though the simultaneous change in multiple senior positions warrants a watch on execution continuity in the coming quarters.