The share price of Suzlon Energy is in focus today (October 29), up nearly 3% in intraday trade. The renewable energy major announced a key leadership change ahead of its quarterly earnings. The company’s board has approved the appointment of Rahul Jain as the new Chief Financial Officer (CFO), effective December 15, 2025.
Apart from this, Suzlon is set to declare its July–September quarter (Q2 FY26) results on November 4 and the company also has a strong orderbook.
Leadership change ahead of Q2 earnings
Suzlon confirmed in an exchange filing on October 28 that its board of directors will meet next week to approve financial statements for the second quarter of FY26. The company also announced Jain’s appointment to fill the CFO position that has been vacant since Himanshu Mody’s exit in August.
Suzlon order book
The company recently won an 838 MW order from Tata Power Renewable Energy under the FDRE project. This is Suzlon’s second-largest deal so far, coming right after the massive 1,544 MW order from NTPC Green Energy earlier this year.
About Rahul Jain and his experience
Rahul Jain previously served as Group CFO at SRF. He had held the role for nearly 17 years. As per the regulatory filing, “..led financial transformation at SRF by streamlining systems, leveraging technology, and strengthening financial discipline during his tenure.”
Suzlon noted in its filing that Jain has experience in financial transformation, mergers and acquisitions, and cost management areas that could help streamline its financial operations.
“I will work with other leaders on driving profitability, building a more sustainable business, while further strengthening its financial resilience and creating long-term value for shareholders,” Jain said.
CFO transition after Mody’s exit
The new appointment follows the resignation of former CFO Himanshu Mody, who left Suzlon in August 2025. He later joined Sammaan Capital as Deputy CEO the following month.
Suzlon share performance
Suzlon Energy share price in the past five trading sessions climbed about 6%. Over a longer period, however, the stock remains down nearly 16% on a one-year basis.
The 52-week high for Suzlon stands at Rs 74.30, while the low is around Rs 46.15.
