Suzlon Energy Appoints New CFO, Independent Director Amidst Share Decline

• Suzlon Energy announced a major management reshuffle, appointing Ajay Kapoor as the new Group CFO.
• Ajay Kapoor will assume the role from February 24, 2026, bringing over 36 years of experience.
• Current Group CFO JP Chalasani will transition to the Group Executive Council as a Key Managerial Personnel.
• Girish Vanvari has been appointed as an Independent Director for a five-year term starting February 24, 2026.
• Despite management changes, Suzlon shares have fallen 16.2% year-to-date and 23.4% in the last six months.