Servotech Renewable Power System Ltd. Appoints Prem Prakash as Chief Operating Officer

New Delhi, 31st March, 2026: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading renewable energy and EV charging solutions company, announced the appointment of Prem Prakash as Chief Operating Officer (COO) of Servotech Renewable Power System Ltd., effective April 01, 2026. This appointment underscores Servotech’s continued focus on strengthening its senior leadership as it scales operations and expands its global presence across clean energy and EV charging solutions.

As an alumnus of premier institutions including FMS, NLSIU Bangalore, and St. Xavier’s College Ranchi, Prem Prakash brings over 25 years of extensive leadership experience across a wide spectrum of industries, including electric vehicle infrastructure, green technology, consumer durables, FMCG, media, e-commerce, and fintech. His diverse academic exposure, combined with hands-on industry experience, has enabled him to build a strong foundation in strategic thinking, operational excellence, and business transformation.

In his new role, Prem Prakash will lead Servotech’s operational strategy, enhance execution efficiency, and play a pivotal role in scaling Servotech’s business in domestic and global markets across emerging energy and EV charging segments. He will also be leading high-performance teams and helping shape business strategies, driving revenue growth by building scalable operational models, and strengthening market positioning across competitive sectors.

Commenting on his appointment, Prem Prakash, Chief Operating Officer, Servotech Renewable Power System Ltd. said, “I am excited to take on the role of COO at Servotech Renewable at a time when the company is witnessing strong momentum in the global industrial landscape. The opportunity to contribute to a fast-evolving sector like clean mobility is personally both challenging and rewarding. I look forward to driving operational excellence, strengthening execution capabilities, and building agile, scalable systems that support long-term growth so we can accelerate innovation, enhance customer value, and play a meaningful role in advancing India’s transition towards sustainable energy solutions.”

Commenting on the development, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., added, “We are delighted to welcome Prem Prakash as our Chief Operating Officer. His extensive cross-industry experience in driving operational excellence and scaling businesses makes him a valuable addition to our leadership team. As Servotech continues to expand its footprint in renewable energy and EV charging solutions, Prem’s strategic vision and execution capabilities will be instrumental in strengthening our operations, enhancing efficiency, and accelerating growth across the markets.”

Over the years, Prem has held key leadership roles across prominent organizations such as Dish TV, Nerolac Paints, Bharatmatrimony, Ramco Group, IMC Business Global Europe and Capitalvia Global Research Ltd, where he played pivotal roles in driving business growth, strengthening operational frameworks, and leading large-scale transformations across diverse markets. His ability to navigate complex business environments, scale operations, and deliver sustainable results has consistently set him apart.

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About Servotech Renewable Power System Limited (Formerly known as ServotechPower Systems Ltd.):

Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers which are compatible with different Electric Vehicles and serve multiple applications such as commercial and domestic. With our comprehensive engineering capabilities, we plan to play a pivotal role in developing India's EV tech infrastructure. As a trusted brand with a strong pan-India presence, our legacy is marked by proven innovations and development of the advanced technologies.

For more information, please visit: https://www.servotech.in

Disclaimer:

This press release contains “forward- looking statements” that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are to different degrees, uncertain. For us, uncertainties arise from the behavior of financial, software and real estate industry, from future integration of businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.