Suzlon Energy Ltd. has confirmed the resignation of Mr. Sairam Prasad, CEO – Global Operations and Maintenance Services, effective from the close of business on March 31, 2026. Mr. Prasad, identified as a Senior Managerial Personnel (SMP), is stepping down due to the necessity of relocating to Mumbai for family health reasons. The company has disclosed the requisite details as mandated by listing regulations, confirming no relationship exists between the resigning executive and the company’s directors.
Cessation of Senior Managerial Personnel
Suzlon Energy Limited has formally notified exchanges regarding a significant personnel change within its leadership structure. Mr. Sairam Prasad, serving as the CEO – Global Operations and Maintenance Services, has resigned from his position and will consequently cease to be a Senior Managerial Personnel (SMP) of the Company.
Effective Date and Reason for Exit
The resignation will take effect at the close of business hours on March 31, 2026. Mr. Prasad’s brief is explicitly stated as resignation. The accompanying resignation letter, dated March 27, 2026, cited the necessity to relocate to Mumbai for family health reasons as the primary driver for his departure.
Disclosure Summary
As per the requirements for disclosure regarding the exit of an SMP, the following details were confirmed:
- Name of SMP: Mr. Sairam Prasad
- Reason for Change: Resignation as CEO – Global Operations and Maintenance Services.
- Date of Cessation: Close of business hours on 31st March 2026.
- Relationship with Directors: The SMP is not related to any of the Directors of the Company.
The disclosure confirms that the brief profile and terms of appointment sections are not applicable for this reporting, as the filing pertains solely to the exit of the SMP.
Source: BSE
