On October 1, 2022, Tulsi R. Tanti, the founder, chairman, and managing director of Suzlon Energy Limited (the “Company”), as well as one of its promoters, passed away as the result of a cardiac arrest.
Tanti, a.k.a. “the wind man of India,” was 64 years old. Suzlon Energy said in a press release that, “In this challenging moment, the Company continues to be supported by its highly experienced board of directors and top management, who are both capable and devoted to carrying forward Shri Tanti’s legacy and realising his vision for the company.
“This is for your urgent notice and information, as also for the information of your members and the public at large. As per regulation 31 A of the Listing Regulations, the list of the promoters and the promoter group of the company stands updated with the exclusion of Shri Tanti. The company shall comply with all its reporting requirements formally in this respect in due course,” the renewable energy company stated.