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  1. Suzlon Energy shares jump 4.5% as firm appoints new CFO; all you need to know

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Suzlon Energy shares jump 4.5% as firm appoints new CFO; all you need to know

Ahana Chatterjee - image.jpg

3 min read | Updated on October 29, 2025, 11:50 IST

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SUMMARY

With over two decades of experience in corporate finance, Rahul Jain has spent nearly 17 years at SRF Limited, where he recently stepped down as Group CFO

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Since the beginning of the year, Suzlon Energy shares have fallen more than 11%.

Since the beginning of the year, Suzlon Energy shares have fallen more than 11%.

Suzlon Energy shares rallied 4.5% to an intraday high of ₹58.78 apiece as the firm appointed a new Chief Financial Officer (CFO) on Wednesday, October 29.
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The renewable energy firm named Rahul Jain as the CFO and “one of the key managerial personnel of the Company, to act as the Group Chief Financial Officer, with effect from 15th December 2025,” Suzlon Energy said in a regulatory filing.

With over two decades of experience in corporate finance, Rahul Jain has spent nearly 17 years at SRF Limited, where he recently stepped down as Group CFO. During his tenure, he spearheaded SRF’s financial transformation by streamlining systems, leveraging technology, and strengthening financial discipline.

His leadership played a key role in driving the company’s organic and inorganic growth through strategic capital allocation and the identification of new business opportunities. Before joining SRF, he spent a decade at Jubilant Organosys Limited, contributing to its expansion and growth initiatives.

“A chartered accountant by profession, Rahul Jain brings extensive financial and strategic expertise gained from his tenure at leading organisations,” Suzlon Energy said in the filing.

Along with its Q1 earnings announcement, the company informed that Himanshi Mody resigned from the position of CFO.

Last month, the renewable energy firm had bagged an 838 MW order from Tata Power Renewable Energy Limited (TPREL) under its Firm and Dispatchable Renewable Energy (FDRE) project—Suzlon’s second-largest order after the 1,544 MW NTPC Green Energy deal in FY26.

Further, Suzlon Energy will announce its September quarter earnings on November 4. "Suzlon Energy Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2025, inter alia, to consider and approve the unaudited financial results of the company on a standalone and consolidated basis for the quarter and half year ended on 30th September 2025," the firm said in a filing.

At 11:15 AM, Suzlon Energy shares were trading at ₹58.23 apiece on NSE, surging 3.58%.

Over the last five trading days, shares of the company rose 6%. For a month’s period, it has gained 5%.

Since the beginning of the year, Suzlon Energy shares have fallen more than 11%.

Shares of the firm had touched their one-year high of ₹74.30 apiece on May 30, 2025, while their 52-week low of ₹46.15 was hit on April 7, 2025.

Suzlon Energy is a leader in wind energy in India, which is the world’s fifth-largest wind energy market. The company is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy all over the world.

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About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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