Suzlon Energy announced a significant leadership overhaul following its Board meeting on February 24, 2026, aligning with its Suzlon 2.0 vision. J.P. Chalasani was elevated to the Group Executive Council (GEC), while Ajay Kapur was appointed as the new Group Chief Executive Officer (Group CEO) and Key Managerial Personnel (KMP). Additionally, Girish Vanvari was appointed as an Additional Independent Director for a five-year term.
Suzlon Announces New Leadership Architecture
Suzlon Energy Ltd. has unveiled a new leadership and organizational architecture, effective February 24, 2026, to support its Suzlon 2.0 vision, which aims to diversify its portfolio across wind, solar, BESS, and new emerging technologies to offer integrated solutions. This structure establishes a Group Executive Council (GEC) as a strategic body to steer long-term growth.
Key Personnel Changes Approved
J.P. Chalasani Elevated to Group Executive Council (GEC)
The Board approved the elevation of Mr. J.P. Chalasani as a member of the Group Executive Council (GEC) with effect from February 24, 2026. Mr. Chalasani will continue to be designated as a Key Managerial Personnel (KMP) and will work closely with the Chairman & Managing Director to drive strategic initiatives, mentor senior leadership, and focus on long-term partnerships.
Ajay Kapur Appointed as Group CEO
Mr. Ajay Kapur has been appointed as the new Chief Executive Officer (CEO) and a Key Managerial Personnel (KMP) of the Company, effective February 24, 2026, acting as the Group Chief Executive Officer. Mr. Kapur brings over 36 years of experience, including serving as the Managing Director of Ambuja Cements Limited (Adani Group Company). At Suzlon, he will report to the Chairman & Managing Director, Vinod Tanti.
Appointment of Independent Director
The Board also approved the appointment of Mr. Girish Vanvari (DIN # 07376482) as an Additional Director in the capacity of an Independent Director for a term of five (5) years, running from February 24, 2026, to February 23, 2031. The company will seek shareholder approval for this appointment via a postal ballot.
Statements from Leadership
Girish Tanti, Executive Vice Chairman, stated that this transition, including J.P. Chalasani’s elevation and Ajay Kapur’s appointment, allows for focused attention on both strategic direction and management excellence. Ajay Kapur, Group CEO, expressed excitement to build upon Suzlon’s strong legacy to drive sustainable growth and operational excellence.
Trading Window Closure
The company further informed that the Trading Window for select group of Designated Persons has been closed from Saturday, February 21, 2026, until Thursday, February 26, 2026, and will re-open on Friday, February 27, 2026, as per the Insider Trading Regulations.
ESG Commitment Highlights
Suzlon reinforced its commitment to sustainability, noting its participation in the RE 100 initiative to adopt 100% renewable energy in all manufacturing facilities by 2030. Furthermore, the company is targeting vehicle electrification by 2035 through the EV 100 initiative, aiming for a 24% reduction in Scope 1 emissions.
Global ESG Performance Benchmarks
The announcement detailed strong global ESG ratings achieved during FY 24-25, including an 88.51% reduction in Scope 1 and Scope 2 emissions intensity and reaching 90.14% Zero Waste to Landfill. Key achievements highlighted include an S&P Global ESG rating upgrade to 63 points and an upgrade in the CSRHUB® ESG Rating to 88/100 (High).
About Suzlon Group
The Suzlon Group remains a leading global renewable energy solutions provider, with approximately ~21.5 GW* of wind energy capacity installed across 17 countries as of December 31, 2025. The group operates world-class manufacturing facilities across India, supported by in-house R&D centers globally.
Source: BSE
