Suzlon Energy Terminates Shareholders Agreement, Altering Concert Party Status

1 min read     Updated on 31 Oct 2025, 11:07 AM
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Suketu GalaScanX News Team
Overview

Suzlon Energy Limited has announced the termination of its Amended and Restated Shareholders Agreement from February 28, 2020. The agreement between the Promoter Group and Investor Group has ended, changing their status from persons acting in concert (PACs) under SEBI regulations. The Investor Group issued a termination notice on September 25, 2023. Suzlon Energy confirmed no change in the shareholding of the Promoter and Promoter Group despite this termination.

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*this image is generated using AI for illustrative purposes only.

Suzlon Energy Limited , a prominent player in the renewable energy sector, has announced a significant change in its shareholder structure. The company has disclosed the termination of its Amended and Restated Shareholders Agreement, which was originally established on February 28, 2020.

Key Points of the Termination

  • Agreement Termination: The Amended and Restated Shareholders Agreement dated February 28, 2020, has been terminated.
  • Parties Involved: The agreement was between the Promoter Group and the Investor Group.
  • Previous Status: Under the agreement, both groups were considered as persons acting in concert (PACs) under SEBI takeover regulations.
  • Termination Notice: The Investor Group issued a termination notice dated September 25, 2023.
  • Current Status: Following the termination, the Promoter Group and Investor Group are no longer considered PACs.
  • Shareholding Impact: Suzlon Energy confirmed that there is no change in the shareholding of the Promoter and Promoter Group.

Regulatory Compliance

The company made this disclosure in compliance with SEBI regulations concerning substantial acquisition of shares and takeovers. This move ensures transparency and keeps shareholders and the market informed about significant changes in the company's ownership structure.

Implications

The termination of this agreement could potentially impact the dynamics of decision-making within Suzlon Energy. While the immediate shareholding remains unchanged, the altered status of the Promoter and Investor groups as non-PACs may influence future corporate actions and strategies.

Investors and market watchers will likely keep a close eye on any subsequent changes in the company's governance structure or strategic direction following this development.

Historical Stock Returns for Suzlon Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.35%+10.18%+7.72%+5.14%-11.43%+1,747.35%
Suzlon Energy
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Suzlon Energy Bolsters Financial Leadership with New CFO Appointment

1 min read     Updated on 29 Oct 2025, 09:59 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Suzlon Energy has appointed Rahul Jain as its new Chief Financial Officer. Jain brings nearly two decades of experience from SRF Limited. The company also announced upcoming investor meetings with various financial institutions and a Board meeting on November 4, 2025, to approve financial results for the quarter and half-year ending September 30, 2025. A trading window closure is in effect from October 1 to November 6, 2025.

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*this image is generated using AI for illustrative purposes only.

Suzlon Energy , a prominent player in the renewable energy sector, has announced a significant change in its top management. The company has appointed Rahul Jain as its new Chief Financial Officer (CFO), marking a strategic move to strengthen its financial leadership.

New CFO Brings Extensive Experience

Rahul Jain joins Suzlon Energy with a wealth of experience, having spent nearly two decades at SRF Limited. His tenure of almost 17 years at SRF Limited, a multi-business chemical conglomerate, suggests a strong background in financial management and strategic planning within the industrial sector.

Implications for Suzlon Energy

The appointment of a new CFO is a crucial decision for any company, particularly in the dynamic renewable energy sector. Jain's extensive experience is expected to bring fresh perspectives to Suzlon Energy's financial strategies and operations.

Upcoming Investor Engagements

In addition to this leadership change, Suzlon Energy has also announced a series of upcoming investor meetings and conferences. These events provide an opportunity for the company to engage with investors and present its strategies and performance.

Scheduled Investor Meetings

Date Organizer Mode
6th November 2025 B&K Securities Physical
11th November 2025 UBS Physical
12th November 2025 Anand Rathi Physical
13th November 2025 UBS Physical
18th November 2025 Avendus Spark Physical
19th November 2025 JM Financial Physical
20th November 2025 Kotak Securities Physical

Upcoming Financial Results

Suzlon Energy has scheduled a Board of Directors meeting for 4th November 2025 to consider and approve the unaudited financial results for the quarter and half-year ended 30th September 2025. The company has implemented a trading window closure from 1st October 2025 to 6th November 2025, in compliance with SEBI regulations.

As Suzlon Energy navigates through these corporate developments, the market will be keenly watching how the new CFO, Rahul Jain, contributes to the company's financial strategy and performance in the competitive renewable energy landscape.

Historical Stock Returns for Suzlon Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.35%+10.18%+7.72%+5.14%-11.43%+1,747.35%
Suzlon Energy
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