Suzlon Energy Limited has announced the resignation of Mr. Vivek Srivastava from his position as Chief Executive Officer of the Wind Turbine Generator (WTG) Division. The resignation will be effective from the close of business hours on December 26, 2025.

Executive Departure Details

Mr. Srivastava, who held the designation of Chief Executive Officer - WTG Division and served as Senior Managerial Personnel (SMP) of the company, submitted his resignation to pursue opportunities outside the Suzlon Group. The company has made the necessary regulatory disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Communication

In his formal resignation letter addressed to the Group Chief Executive Officer, Mr. Srivastava stated his intention to resign from the services of Suzlon Energy Limited to pursue opportunities outside the Suzlon Group. The resignation letter was also copied to the Chief Human Resource Officer and Company Secretary of the company.

Regulatory Compliance

The company has confirmed that since this is an exit reporting for a Senior Managerial Personnel, terms of appointment and brief profile details are not applicable. Suzlon Energy Limited has fulfilled its regulatory obligations by promptly disclosing the cessation of Mr. Srivastava's role as required under the listing regulations.

The departure represents a change in the leadership structure of the company's WTG Division, which is a key operational segment for the renewable energy company. The company will need to address the succession planning for this critical role in its wind turbine generator business operations.

Suzlon Energy shares demonstrated resilience against the broader market decline on Friday, gaining 0.87% to trade at ₹53.76 at 10:35 AM (IST). This positive movement came even as the BSE benchmark Sensex dropped 185.93 points to settle at 85,222.77, highlighting the stock's independent performance trajectory.

Trading Performance and Volume Analysis

The renewable energy company's shares showed robust trading activity during the morning session. The stock had closed at ₹53.30 in the previous trading session, marking a steady upward movement.

The significant trading volume of 11.69 million shares with a turnover of ₹62.91 crore by 10:35 AM indicated strong investor interest in the counter.

Valuation Metrics and Price Range

The stock's current trading levels reflect its position within the annual price range. Suzlon Energy has recorded a 52-week high of ₹74.30 and a 52-week low of ₹46.15, positioning the current price in the middle range of its annual performance.

At the prevailing price, shares traded at 23.22 times its trailing 12-month earnings per share of ₹2.31. The price-to-book value stood at 12.66 times, while the stock's Beta value of 2.25 indicated high volatility relative to the broader market.

Shareholding Pattern and Ownership Structure

The company's ownership structure as of September 30, 2025, showed a diversified investor base across different categories.

Foreign institutional investors held the largest stake among institutional categories at 22.7%, while domestic institutional investors maintained a 4.91% holding.

Technical Analysis Indicators

From a technical perspective, the stock's Relative Strength Index (RSI) stood at 51.31, positioning it in neutral territory. The RSI, which oscillates between zero and 100, traditionally indicates overbought conditions above 70 and oversold conditions below 30. The current reading suggests balanced momentum without extreme positioning in either direction.

The stock's high Beta value of 2.25 indicates that it tends to move more dramatically than the broader market, experiencing amplified movements both during market rallies and declines. This characteristic makes it particularly sensitive to market sentiment and sector-specific developments in the renewable energy space.