Suzlon Energy: CEO of WTG Division Vivek Srivastava resigns

Ceo ResignedManagement Changes View source PDF Explain this filing

SUZLON · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹53.35

prior close

₹53.44

announcement price

After-mkt

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.4%-0.8% vs market

Heavy Electrical Equipment peers, median of 29sector-1.3%+0.2% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Midcap 150 and 0.2 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

-2.1-0.6-1.5-1.7-0.5

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Vivek Srivastava, CEO of the WTG (Wind Turbine Generator) Division and Senior Managerial Personnel at Suzlon Energy, has resigned effective close of business on 26th December 2025. He is leaving to pursue opportunities outside the Suzlon Group. The resignation has been formally submitted to the Group CEO. He was not related to any Director of the company.

Likely market impact

Exit of a divisional CEO may create short-term leadership uncertainty in the wind turbine business. Overall group leadership remains unchanged.