SUZLONNSESuzlon Energy Limited· Electrical EquipmentMediumNeutral
Announced Sun, 3 May · 17:16 IST

Suzlon Energy Limited has informed the Exchange regarding Cessation of Mr Gautam Doshi as Non- Executive Independent Director of the company w.e.f. May 04, 2026.

Director Flagged GovernanceManagement Changes View source PDF

SUZLON · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹55.64
prior close
₹56.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.6-1.3-3.0-1.3-2.3+0.0-1.3-4.2-4.3-3.8-0.3-0.4
Up moveDown movePending
AI summary

Suzlon Energy Limited has announced the cessation of Mr. Gautam Doshi as an Independent Director effective May 4, 2026. His second term as Independent Director ended on May 3, 2026, completing the maximum two-term tenure permitted under corporate governance norms. With this cessation, Mr. Doshi also ceases to be chairman of the Audit Committee, and member of both the Risk Management Committee and CSR & ESG Committee. The company has expressed appreciation for his valuable contributions during his tenure. The independent director confirmed he is not related to any other directors on the board.

Likely market impact

The departure of an independent director and multiple committee memberships may prompt investors to monitor board composition and any subsequent replacements, though this is a routine tenure completion rather than an unexpected resignation.