Suzlon Energy Limited has announced key leadership changes aimed at strengthening its financial and governance framework. The Board of Directors, in its meeting held on October 29, 2025, approved the appointment of Mr Rahul Jain as the Group Chief Financial Officer (CFO) and one of the Key Managerial Personnel, effective December 15, 2025. Additionally, Mr Bharat Ramani, Chartered Accountant, has been appointed as the Internal Auditor effective October 31, 2025.
Mr Rahul Jain brings over 20 years of experience in corporate finance, having previously served as Group CFO at SRF Limited for 17 years. During his tenure, he led financial transformation initiatives, implemented technology-driven efficiencies, and enhanced financial discipline.
Before joining SRF, he spent 10 years at Jubilant Organosys Limited, contributing to its expansion and growth strategies. A Chartered Accountant by qualification, he will now lead Suzlon’s financial operations, capital allocation, and strategic growth initiatives.
Mr Girish Tanti, Vice Chairman, Suzlon Group, expressed confidence in the appointment, stating that Rahul’s strategic experience in financial transformation and fundraising will help build a “future-ready conglomerate.” Mr JP Chalasani, CEO of Suzlon Group, added that Rahul’s leadership will strengthen Suzlon’s financial health and corporate governance, enabling it to explore new growth opportunities within the renewable energy sector.
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Mr Bharat Ramani, a Chartered Accountant with 24 years of post-qualification experience, has been appointed as the new Internal Auditor in place of Mr Shyamal Budhdev, who retires on October 30, 2025. Bharat holds a master’s degree in commerce and an Information Systems Auditor certification from the Institute of Chartered Accountants of India.
His career spans roles at Deloitte Touche Tohmatsu, Price Waterhouse Coopers, AXA Insurance, and Credit Suisse. Before joining Suzlon in February 2025, he served as Head of Internal Audit at ECL Finance Limited, an Edelweiss Group company.
The Suzlon Group is a leading global renewable energy solutions provider with over 21 GW of wind energy capacity installed across 17 countries. Headquartered in Pune, India, Suzlon operates a vertically integrated business model with R&D centres in Germany, the Netherlands, Denmark, and India, and employs over 8,100 people. The company is India’s No.1 renewable energy solutions provider with an installed base of 15.2 GW in India and around 6 GW globally.
On October 29, 2025, Suzlon Energy share price opened at ₹56.44 on NSE, above the previous close of ₹56.22. During the day, it surged to ₹58.35 and dipped to ₹55.98. The stock is trading at ₹58.34 as of 10:22 AM. The stock registered a significant gain of 3.77%.
Over the past week, it has moved up by 6.99%, over the past month, it has moved up by 5.54%, and over the past 3 months, it has declined by 5.58%.
Suzlon Energy’s appointment of Rahul Jain as Group CFO and Bharat Ramani as Internal Auditor marks a strategic move to reinforce financial governance and leadership depth. These changes underline the company’s focus on operational excellence and sustainable growth within India’s expanding renewable energy landscape.
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Published on: Oct 29, 2025, 12:27 PM IST
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