Suzlon Energy Shareholders Approve Appointment of Girish Vanvari as Independent Director via Postal Ballot

Suzlon Energy Limited has successfully completed its postal ballot process, with shareholders approving the appointment of Mr. Girish Vanvari as an Independent Director for a term of five years. The special resolution was deemed passed on May 11, 2026 — the last date specified for e-voting — in accordance with the Secretarial Standards on General Meetings (SS2) issued by the Institute of Company Secretaries of India. The postal ballot was initiated pursuant to a notice dated April 10, 2026, and the voting results were formally communicated to the stock exchanges on May 12, 2026, under Regulation 30 read with Schedule III(A)(13) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Postal Ballot Resolution Details

The resolution sought shareholder approval for the appointment of Mr. Girish Vanvari as an Independent Director. The key parameters of the postal ballot are summarised below:

Parameter:	Details
Agenda Item:	Appointment of Mr. Girish Vanvari as Independent Director for a term of five years
Resolution Type:	Special Resolution
Mode of Voting:	E-voting
Cut-off Date:	Friday, April 3, 2026
E-voting Closure:	5:00 p.m. IST, May 11, 2026
Resolution Deemed Passed On:	May 11, 2026
Promoter/Promoter Group Interest:	No
Total Shareholders on Cut-off Date:	5,889,768

Voting Results Breakdown

The e-voting facility was provided by KFin Technologies Limited. A total of 6,656 members participated in the voting process, with 6,472 net valid votes recorded after excluding 230 invalid/abstained votes and less-voted shares. The following table presents the category-wise voting results:

Category:	Shares Held	Valid Votes Polled	% Polled on Outstanding Shares	Votes in Favour	Votes Against	% in Favour	% Against
Promoter & Promoter Group (A):	1,60,86,85,603	1,60,86,85,603	100.00	1,60,86,85,603	0	100.00	0.00
Public – Institutions (B):	4,79,05,48,040	3,50,34,93,939	73.13	2,80,00,81,780	70,34,12,159	79.92	20.08
Public – Non-Institutions (C):	7,31,54,49,116	1,37,90,23,021	18.85	1,37,76,05,713	14,17,308	99.90	0.10
Grand Total (A+B+C):	13,71,46,82,759	6,49,12,02,563	47.33	5,78,63,73,096	70,48,29,467	89.14	10.86

The Promoter and Promoter Group voted entirely in favour, with 100.00% of their 1,60,86,85,603 shares polled supporting the resolution. Among Public Institutional shareholders, 79.92% of valid votes were cast in favour, while 20.08% were against. Public Non-Institutional shareholders demonstrated strong support, with 99.90% of valid votes in favour.

Scrutinizer's Report

The postal ballot voting was scrutinized by DSM Ram, Proprietor of DSMR & Associates, Company Secretaries, Hyderabad, appointed as Scrutinizer by the Board of Directors of Suzlon Energy Limited. The scrutinizer's report, dated May 12, 2026, confirmed the following outcome for the special resolution:

Particulars:	Members	Shares	% of Total Valid Votes
Total Members who Voted:	6,656	6,50,02,45,833	N.A.
Less: Invalid/Abstained Votes:	230	31,42,450	N.A.
Less: Less Voted:	—	59,00,820	N.A.
Net Valid Votes (Electronic):	6,472	6,49,12,02,563	100.00
Votes in Favour (Special Resolution):	5,800	5,78,63,73,096	89.14
Votes Against (Special Resolution):	672	70,48,29,467	10.86

The scrutinizer confirmed that, with 89.14% of voting rights exercised in favour and 10.86% against, Special Resolution No. 1 has been passed by the members with the requisite majority. The e-voting data was unblocked on May 11, 2026, at 5:04 p.m. in the presence of two independent witnesses, Mr. Srikar Killamsetti and Ms. Alekhya Reddy. The voting results, along with the Scrutinizer's Report, have been filed with the stock exchanges in compliance with Regulation 44 of the Listing Regulations. All electronic data and relevant records will be handed over to the Company Secretary and Compliance Officer for safe preservation after the Chairman approves and signs the minutes of the postal ballot.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.34%	-6.26%	+13.68%	-10.90%	-9.53%	+811.86%

Suzlon Energy Limited has announced the cessation of Mr. Gautam Doshi as Independent Director following the completion of his tenure. The renewable energy company informed stock exchanges about this board change under regulatory compliance requirements, with the formal communication issued on May 3, 2026.

Director Tenure Completion

Mr. Gautam Doshi's second term as Independent Director of Suzlon Energy concluded on May 3, 2026. Accordingly, he ceased to hold the position of Independent Director and Director of the company with effect from May 4, 2026. The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Committee Positions

Along with his directorship, Mr. Doshi also stepped down from several key committee positions within the company's board structure:

Position:	Committee
Chairman-Member:	Audit Committee
Member:	Risk Management Committee
Member:	CSR & ESG Committee

Regulatory Compliance Details

The company provided comprehensive details as required under SEBI Listing Regulations:

Parameter:	Details
Director Name:	Mr. Gautam Doshi (DIN: 00004612)
Reason for Change:	Completion of two terms as Independent Director
Cessation Date:	May 4, 2026
Terms of Appointment:	Not applicable — cessation reporting
Brief Profile:	Not applicable — cessation reporting
Relationship Status:	Not related to any other Directors of the Company

Management Acknowledgment

Suzlon Energy's management extended sincere appreciation and gratitude to Mr. Gautam Doshi for his valuable contributions during his tenure as Independent Director. The announcement was signed by Company Secretary Geetanjali S. Vaidya and communicated to stock exchange members and the public at large.

The cessation follows standard corporate governance practices where Independent Directors complete their maximum permissible tenure as per applicable regulatory requirements.