Servotech Appoints Vipin Kaushik as CFO, Prem Prakash as COO
Servotech Renewable Power System Limited announced leadership changes effective April 1, 2026. Vipin Kaushik is appointed CFO, and Prem Prakash is appointed COO. Vikas Bhatia relinquishes CFO role on March 31, 2026, transitioning to a new role. Abhishek Khandelwal appointed Internal Auditor.
Key management changes, especially at the CFO and COO level, can have a medium-term impact on the company's operations and strategic direction. The appointment of experienced professionals suggests a focus on strengthening leadership.
The announcement details routine leadership changes within the company, including appointments and a CFO's transition to a new role. There are no immediate financial or strategic impacts indicated that would sway sentiment positively or negatively.
Servotech Renewable Power System Limited announced significant leadership changes following a Board Meeting held on March 30, 2026. Mr. Vikas Bhatia will be relinquishing his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective from the closure of business hours on March 31, 2026, as he transitions to a new role within the company.
Following Mr. Bhatia's departure from the CFO role, Mr. Vipin Kaushik has been appointed as the new Chief Financial Officer 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. He possesses extensive expertise in financial planning & analysis, treasury management, budgeting, internal controls, and statutory compliance.
In addition to the CFO appointment, Mr. Prem Prakash has been appointed as the Chief Operating Officer (COO) of the Company, also effective from April 01, 2026. Mr. Prakash brings over 25 years of leadership experience across various sectors, including EV infrastructure, business strategy, marketing, and organizational leadership. He will continue to be associated with a subsidiary company in a pivotal role while assuming this new responsibility. Concurrently, Mr. Anil Kumar Yadav ceases to hold the COO role but will continue his employment with the company, being redesignated 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.