Suzlon Energy CFO Himanshu Mody quits: CNBC-TV18 Newsbreak confirmed

Suzlon Energy Ltd. has informed the exchanges that Himanshu Mody, its chief financial officer (CFO) has resigned from his position, confirming a CNBC-TV18 newsbreak from earlier in the day.Mody’s resignation will be effective from the close of business hours of August 31, 2025. Mody has cited taking his learnings from Suzlon onto another “challenging assignment,” in his resignation letter.

The company has mentioned that it is in advanced stages of appointing a new CFO.

CNBC-TV18 had earlier reported on Tuesday that Suzlon Energy’s Chief Financial Officer (CFO) Himanshu Mody is set to relinquish his role at the renewable energy services provider, sources in the know told CNBC-TV18.
The sources also said that Mody is set to join non-bank lender Samman Capital, the erstwhile Indiabulls Housing Finance, in a leadership role.Himanshu Mody had joined Suzlon Energy as a CFO in August 2021 and has presided over the financial turnaround that the company has seen, including a net debt free balance sheet, through QIPs, rights issue and other methods.

Samman Capital currently has assets under management (AUM) of close to ₹66,000 crore.

Suzlon Energy has also reported its results for the June quarter.

Shares of Suzlon Energy ended little changed ahead of the earnings announcement at ₹63.22.