Suzlon Energy Share Price Falls Over 2%; Independent Director Gautam Doshi's Tenure Ended on May 3, 2026

Suzlon Energy Limited has announced the cessation of Mr. Gautam Doshi as an Independent Director, effective May 4, 2026. This marks the end of his 2nd term with the company. 

End of Tenure for Gautam Doshi 

Mr. Gautam Doshi's role as an Independent Director at Suzlon Energy concludes on May 3, 2026. His departure follows the completion of his 2nd term, in line with the company's governance policies.  

Mr. Doshi has been a significant part of Suzlon's board, contributing to various committees, including the Audit Committee, Risk Management Committee, and CSR & ESG Committee. 

Impact on Suzlon Energy's Board 

With Mr. Doshi's cessation, Suzlon Energy will see changes in its board composition. He has been a key figure, serving as chairman-member of the Audit Committee and a member of other critical committees.  

The company has expressed its gratitude for his valuable contributions during his tenure. 

Regulatory Compliance and Reporting 

The cessation of Mr. Doshi's directorship is in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Suzlon Energy has duly informed the National Stock Exchange of India Limited and BSE Limited about this change. 

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Details of the Cessation 

The official communication from Suzlon Energy highlights that Mr. Doshi is not related to any other directors of the company.  

The cessation is purely due to the completion of his tenure, with no other reasons such as resignation or removal involved. 

Suzlon Energy Share Price Performance 

As of May 06, 2026, at 1:17 PM, Suzlon Energy share price on NSE was trading at ₹53.50 down by 2.46% from the previous closing price. 

Conclusion 

The end of Mr. Gautam Doshi's term as an Independent Director at Suzlon Energy marks a significant transition in the company's board. His contributions to various committees have been acknowledged by the management, reflecting his impact on the company's governance. 

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