Suzlon Energy Appoints Ajay Kapur as Group CEO, Elevates J.P. Chalasani to Group Executive Council

New Delhi, February 24, 2026: Suzlon Energy Limited, India’s leading renewable energy solutions company, today announced major leadership transitions as part of its Suzlon 2.0 vision, aimed at transforming the company into a full-stack renewable energy solutions provider.

The Board of Directors, in a meeting held today, approved the following key decisions:

J.P. Chalasani has been elevated to the Group Executive Council (GEC), continuing as a Key Managerial Personnel (KMP) of the company.
Ajay Kapur has been appointed as Group Chief Executive Officer (Group CEO) and KMP, effective immediately.
Girish Vanvari (DIN: 07376482) has been appointed as an Independent Director for a term of five years, subject to shareholder approval via postal ballot.

New Leadership Structure to Drive Growth and Transformation

The formation of the Group Executive Council marks a strategic move to steer the long-term and medium-term growth agenda of the Suzlon Group. The GEC, including Mr. Chalasani, will focus on enterprise-wide priorities, portfolio strategy, and capital allocation across emerging and existing businesses.

“Working with Suzlon has been most gratifying,” said J.P. Chalasani, Member of the Group Executive Council. “As part of the GEC, I will focus on strategic initiatives, mentoring senior leadership, and operationalizing new business opportunities to position Suzlon for sustainable growth in renewable energy globally.”

Ajay Kapur to Lead as Group CEO

Ajay Kapur, with over 36 years of experience across infrastructure, construction, power, and heavy metals, joins Suzlon after serving as Managing Director of Ambuja Cements Limited (Adani Group Company). He will lead Suzlon’s transition from a wind energy solutions provider to a full-stack renewable energy solutions conglomerate.

“At a time when global energy needs are rapidly evolving, Suzlon’s vision is inspiring,” said Mr. Kapur. “I look forward to driving sustainable growth, operational excellence, and long-term value creation for all stakeholders while contributing to the world’s energy transition.”

Strengthening Corporate Governance

Girish Vanvari, a Chartered Accountant with more than three decades of experience in taxation, corporate finance, M&A, and governance, joins the Board as an Independent Director. His appointment is aimed at enhancing financial oversight, regulatory compliance, and governance frameworks across Suzlon.

Commitment to ESG and Sustainability

Aligned with its Suzlon 2.0 vision, the company continues to prioritize sustainability and ESG initiatives:

Suzlon is the first Indian energy company to join the RE100 initiative, targeting 100% renewable energy in manufacturing facilities by 2030.
Active member of EV100, aiming for complete vehicle electrification by 2035.
Achieved significant reductions in emission intensity and increased renewable energy consumption in FY 24-25.
Recognized globally with ESG ratings upgrades and awards, including top 100 rankings in sustainability and inclusion in FTSE Emerging ESG Low Carbon Select Index.

About Suzlon Group

Headquartered at Suzlon One Earth, Pune, the Suzlon Group operates across 17 countries with ~21.5 GW of installed wind energy capacity. The company employs over 8,500 professionals and has in-house R&D centers in Germany, the Netherlands, Denmark, and India, with world-class manufacturing facilities across India. Suzlon remains India’s number one renewable energy solutions provider, with an installed base of 15.5 GW in India and ~6 GW abroad.

For more information, visit: www.suzlon.com

Media Contact: Monica Miglani, Corporate Communications, Suzlon Group, +91 80077 32727, communications@suzlon.com
Investor Relations Contact: Krishna Kumar, Suzlon Group, +91 90286 56440, investorrelations@suzlon.com