Servotech Appoints Vipin Kaushik as CFO, Prem Prakash as COO
Servotech appointed Vipin Kaushik as CFO and Prem Prakash as COO, both effective April 1, 2026. Vikas Bhatia will step down as CFO on March 31, 2026, to take a new role. Abhishek Khandelwal was appointed as Internal Auditor.
Changes in key management positions like CFO and COO can have a medium-term impact on the company's strategic direction and operational execution.
The announcement details leadership changes within the company, including appointments and a resignation, which are routine corporate actions. No significant positive or negative financial or operational news is presented.
Servotech Renewable Power System Limited announced key leadership changes following a Board Meeting held on March 30, 2026. Mr. Vikas Bhatia will relinquish his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective from the closure of business hours on March 31, 2026, transitioning to a new role within the company.
Upon Mr. Bhatia's transition, Mr. Vipin Kaushik has been appointed as the new CFO and KMP, effective April 01, 2026. Mr. Kaushik is a qualified Chartered Accountant with over 20 years of experience in finance, accounts, taxation, and corporate finance, holding a DipIFRS from ACCA, UK, and a DMBF from ICAL.
Furthermore, Mr. Prem Prakash has been appointed as the Chief Operating Officer (COO) of the Company, also effective from April 01, 2026. He brings over 25 years of leadership experience across various sectors and will continue his association with a subsidiary. Concurrently, Mr. Anil Kumar Yadav ceases to hold the COO role but will be re-designated as Head - EPC Planning & Engineering.
The Board also approved the appointment of Mr. Abhishek Khandelwal as the Internal Auditor of the Company with immediate effect. Mr. Khandelwal is a Chartered Accountant with over 8 years of experience in Internal Audit and Risk Control Analysis.
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Servotech Renewable Power System Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Servotech Renewable Power System Limited. Read the original for the full detail.