Suzlon Energy Share Price in Focus; Announces Resignation of WTG Division CEO Vivek Srivastava

Suzlon Energy Limited recently announced that Mr. Vivek Srivastava has resigned from his position as Chief Executive Officer of the Wind Turbine Generator (WTG) Division.  

The resignation will take effect from the close of business hours on December 26, 2025. Following this, he will no longer be part of the company’s senior management team. 

Change in Senior Managerial Personnel 

Mr Srivastava was designated as CEO – WTG Division and was classified as Senior Managerial Personnel (SMP) under regulatory definitions.  

Suzlon stated that his exit has been recorded as a cessation due to resignation. No additional information on changes within the division was provided along with the announcement. 

Reason for Resignation 

According to the disclosure, Mr Srivastava stepped down to pursue opportunities outside the Suzlon Group. The company clarified that the resignation was submitted voluntarily. No other reasons or conditions were mentioned in the filing shared with the exchanges. 

Governance Disclosures 

Suzlon confirmed that Mr Srivastava is not related to any of the company’s directors. Since the disclosure pertains to an exit, details such as terms of appointment or professional background were not included.  

The company stated that the information has been shared in line with applicable disclosure requirements. 

Regulatory Context 

The company said the disclosure has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Suzlon added that the information has been placed on record for shareholders and the public. 

Suzlon Energy Share Price Performance  

As of 12:31 pm on December 29, 2025, Suzlon Energy share price was trading at ₹52.97, a 0.43% decline from the previous closing price. 

Read More: Timex Group India Share Price Falls 10% as Promoter Launches OFS to Sell Up to 8.93% Stake! 

Conclusion 

Suzlon has not announced a successor or interim appointment for the WTG Division. No further updates related to leadership changes were disclosed at this time. 

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