Suzlon Appoints Ajay Kapur as Group CEO, Forms Group Executive Council
Suzlon Energy appointed Ajay Kapur as Group CEO and elevated J.P. Chalasani to the Group Executive Council. Mr. Girish Vanvari was appointed as an Additional Independent Director. These changes aim to drive business transformation and growth under the 'Suzlon 2.0' vision.
The appointments and restructuring are significant for the company's strategic direction and future growth, impacting its operational and leadership framework.
The appointment of key leadership roles and the formation of a strategic council are positive developments aimed at driving the company's growth and transformation.
Suzlon Energy Limited announced significant leadership changes and organizational restructuring during its Board Meeting held on 24th February 2026.
The Board approved the formation of a Group Executive Council (GEC) to steer the company's strategic direction and long-term growth agenda, aligning with its 'Suzlon 2.0' vision to become a full-stack renewable energy solutions provider.
Mr. J.P. Chalasani has been elevated as a member of the Group Executive Council, effective 24th February 2026. He will continue to serve as a Key Managerial Personnel (KMP) and will work closely with the Chairman & Managing Director and Executive Vice Chairman on key strategic initiatives and mentoring.
Furthermore, Mr. Ajay Kapur has been appointed as the Chief Executive Officer and a KMP of the Company, effective 24th February 2026. As Group CEO, Mr. Kapur will drive the company's transformation, scale its businesses, and lead its next phase of growth. He brings over 36 years of experience in various sectors and previously served as the Managing Director of Ambuja Cements Limited.
Additionally, Mr. Girish Vanvari has been appointed as an Additional Director in the capacity of an Independent Director for a term of five years, from 24th February 2026 to 23rd February 2031. Shareholders' approval will be sought for this appointment through a postal ballot.
In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated persons has been closed from 21st February 2026 to 26th February 2026 and will reopen on 27th February 2026.
The press release highlights Suzlon's commitment to sustainability, including its RE100 and EV100 initiatives, and its strong ESG performance as assessed by global rating agencies.
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