Suzlon Energy Limited has informed the Exchange regarding Resignation of Mr Sairam Prasad as Other of the company w.e.f. March 31, 2026.
SUZLON · price
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On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and 0.9 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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Mr. Sairam Prasad, CEO of Suzlon's Global Operations and Maintenance Services division and one of the company's Senior Managerial Personnel (SMPs), has resigned from the company. His last day will be the close of business hours on 31st March 2026. In his resignation letter, he has cited family health reasons and the need to relocate to Mumbai. The company has confirmed he is not related to any of its directors. This is a routine intimation under SEBI Listing Regulations filed by the Company Secretary on 27th March 2026.
The exit is at the divisional CEO level rather than the Group CEO, and the stated reason is personal (family health), so the immediate impact on Suzlon's stock or operations is likely limited. Shareholders should watch for any forthcoming announcement on a successor for the Global O&M business.