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Suzlon Energy Ltd (SUZL.NS)

SUZL.NS on National Stock Exchange of India

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12 Dec 2017
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Summary

Name Age Since Current Position

Tulsi Tanti

57 Executive Chairman of the Board, Managing Director

J. Chalasani

2016 Group Chief Executive Officer

Sanjay Baweja

2016 Chief Financial Officer

Vinod Tanti

2016 Chief Operating Officer, Whole Time Director

Hemal Kanuga

Compliance Officer, Company Secretary

Rajiv Jha

2011 Non-Executive Director - Nominee of Power Finance Corporation Ltd

Pratima Ram

2015 Non-Executive Director - Nominee of State Bank of India

Sunit Sarkar

2016 Non-Executive Director - Nominee Director of IDBI Bank Limited

Girish Tanti

2011 Non-Executive Director

Marc Desaedeleer

60 2012 Non-Executive Independent Director

Per Hornung Pedersen

62 2015 Non-Executive Independent Director

V. Raghuraman

74 2005 Non-Executive Independent Director

Vijaya Sampath

63 2016 Non-Executive Independent Director

Venkataraman Subramanian

2014 Non-Executive Independent Director

Ravi Uppal

65 2012 Non-Executive Independent Director

Ashish Gupta

IR Contact Officer

Biographies

Name Description

Tulsi Tanti

Mr. Tulsi R. Tanti serves as Executive Chairman of the Board, Managing Director of Suzlon Energy Ltd. Mr. Tulsi R.Tanti is the founder of Suzlon Energy Limited and has been its Chairman & Managing Director since its inception in 1995. Mr. Tulsi R.Tanti is a Commerce Graduate and holds a Diploma in Mechanical Engineering. He is from Rajkot, Gujarat where he started his first venture which was in textiles. He set up two wind turbines to supply electricity for his textile units in Gujarat. As his textile business flourished on sustainable power supplied, he recognised the potential of the wind energy offered and led to the creation of Suzlon Energy Limited in 1995. Under his stewardship, the Company has grown to be a leading wind turbine manufacturer in the world. Mr. Tulsi R.Tanti is responsible for the overall strategic direction of the Company and has led the Company to rank among the top five of global wind turbine producers in terms of MW installations. He has been awarded with a number of awards, a few of them being the “Champion of the Earth 2009” by the United Nations Environment Program, “Global Indian Award 2009” by Canada India Foundation, “Hero of the Environment Award” by TIME Magazine, “Rajiv Gandhi Award 2007” for the most successful industrialist in India, “Ernst & Young Entrepreneur of the Year 2006” by Ernst & Young, “India Business Leader Award 2006” by the television channel CNBC TV18 in the category “The most promising entrant into the big league”; “Terialumni Award” for outstanding “Entrepreneurship in Energy - Environment Technologies 2006” by The Terialumni Trust; “Best Renewable Man of the Decade”, which is a lifetime achievement award from the Foundation of Indian Industry and Economists in 2005; “World Wind Energy Award 2003” by World Wind Energy Association; “Business Leadership Award 2002” by Solar Energy Society of India.

J. Chalasani

Mr. J.P. Chalasani serves as Group Chief Executive Officer of the company. He brings to the company his renowned project management and people leadership skills, and his rich, 30-year Indian power sector experience developed at companies like NTPC, Reliance Power and Punj Lloyd. A strong advocate of the business fundamentals, technology focus and innovative business models of Suzlon, he spearheads the overall performance of the organisation.

Sanjay Baweja

Vinod Tanti

Mr. Vinod R.Tanti serves as Chief Operating Officer, Whole Time Director of the company. Mr. Vinod R.Tanti holds a Degree in Civil Engineering and has been associated with Suzlon right from its inception. In his 26 years of industry experience, he has handled diverse portfolios, largely on a Conceive - Design - Build - Operate and Transfer model. He contributes to the Company his experience of the entire wind value chain segments as well as process centricity and innovation. His focus areas are creating alignment and deriving synergy within and between value chain components.

Hemal Kanuga

Rajiv Jha

Mr. Rajiv Ranjan Jha serves as Non-Executive Director - Nominee of Power Finance Corporation Ltd of Suzlon Energy Ltd. He has been working with Power Finance Corporation Limited (PFC) since March 1997. He holds a Bachelor Degree in Science (Mechanical Engg.) from Ranchi University and a Diploma in Management from IGNOU. Mr. Jha has overall 23 years of experience and is presently holding the position as Additional General Manager (Projects), PFC and is single point contact for the State Utilities in Haryana and Punjab as well as handling the Renewable Energy portfolio of PFC. He has also worked on Project Appraisal (especially of Independent Private Power Projects) & Ultra Mega Power Projects in PFC. Before joining PFC, he has worked with Visakhapatnam Steel Plant from November 1988 to February 1997 and dealt with Operation and Maintenance of their Captive Power Plant and also in Material Planning.

Pratima Ram

Ms. Pratima Ram serves as Non-Executive Director - Nominee of State Bank of India of the company. She is an experienced banker with three decades of experience in corporate, international, investment and retail banking. Having worked in India, USA and South Africa, she has held numerous positions at the State Bank of India and State Bank of India Capital Markets. In the private sector, she has been Group President Finance at Punj Lloyd Group and CEO and whole-time Director of India Infoline Finance. Previously on the Boards of SBI California, USA and India Infoline Finance, Mumbai, she is currently an Independent Director on the boards of Havells India, Nandan Denims and Cura Healthcare, and is an advisor to India Infoline Finance. She is also on the Management Committee of Bangalore Chambers of Industry and Commerce.

Sunit Sarkar

Mr. Sunit Sarkar serves as Non-Executive Director - Nominee Director of IDBI Bank Limited of the company. He is B.Tech. (Hons.) in Mechanical Engineering from IIT, Kharagpur, ICWA, CAIIB and PGDBM, and who is currently the Chief General Manager, MCG, IDBI Bank, joined IDBI Bank as Direct Recruit Grade 'B' Officer in 1993 and has experience in project finance, recovery, corporate finance, project appraisal, syndication, etc. at different positions. Prior to joining IDBI Bank, he has work experience in Multinational companies in the field of gas, welding, etc.

Girish Tanti

Mr. Girish R. Tanti serves as Non-Executive Director of Suzlon Energy Ltd. Mr. Girish Tanti is one of the founding members of Suzlon Energy Limited. An electronics engineer with a management graduation from the Business School at The Cardiff University UK, he brings to Suzlon a unique blend of understanding the dynamics of technology and strong business acumen. He has played many roles in helping create the global corporation that Suzlon is today. Over the years he has led International Business Development, Human Resources, Information Technology, Communications and CSR – all critical functions in making Suzlon the only wind energy player from a developing nation to rank among the top five worldwide. In his current role, as Director-onboard, he provides strategic direction and oversight towards the long-term objectives of the group. Through the years, Mr. Girish R.Tanti has not only believed in, but completely devoted himself to champion the vision of harnessing the power of wind to power a greener, more sustainable tomorrow for generations to come.

Marc Desaedeleer

Mr. Marc Desaedeleer serves as Non-Executive Independent Director of Suzlon Energy Ltd. He is the Chief Investment Officer of CitiVenture Capital International (CVCI). Prior to his current role, he led CVCI’s business in CEEMEA and India. Prior to this he was a senior manager of Citibank’s Corporate Banking business in over 20 countries focusing on Central Europe and Russia. In prior positions within Citigroup, Mr. Marc Desaedeleer was Business Manager for Citibank’s Corporate and Investment Banking business in France; managed several international businesses within Citbank’s Investment Banking group including ADRs; and was responsible for Citibank’s strategy in Global Equities. Before joining Citigroup, Mr. Marc Desaedeleer worked for several international companies including Sulzer (Switzerland) and Lisnave (Portugal). Mr. Marc Desaedeleer holds an M.B.A. degree from Carnegie Mellon University and Masters in Science degrees from the University of Louvain (Belgium).

Per Hornung Pedersen

Mr. Per Hornung Pedersen serves as Non-Executive Independent Director of the company. He holds a degree in B.Sc. (Finance and Accounting), Diploma in Audit and Tax as well as an MBA. After starting his career at Arthur Andersen, Mr. Pedersen spent 25 years in various Managerial and Executive positions, primarily in listed companies in the construction, packaging and telecom Industry. In 2000, he joined the wind industry as CFO in NEG Micon / Vestas, moved to the Indian wind power company Suzlon in 2004, responsible for international operation. During the 4 years spent at Suzlon, he took the company from a strong player in India to number 6 globally in the industry. After Suzlon took over REpower in 2007, he was appointed CEO of REpower and in his role doubled turnover to 1.2 billion Euro and qua doubled EBIT to around 100 million Euro. Mr. Pedersen left REpower in the spring of 2011 and since then he is, and has been active in a number of Supervisory Boards as well as acting as Industry Advisor to a number of private equity funds, benefitting from his 12 years of executive experience in the global wind business. Through this work with large as well as smaller transactions, he has gained substantial experience and insight into M&A and Private Equity. Mr. Pedersen also served as interim CEO at PelamisWave Power from October 2011 to June 2013 and continued as advisor to the Board until December 2014. Since June 2012, Mr. Pedersen is a member of the Supervisory Board of SeaTower AS, Oslo, since October 2015 member of the Supervisory Board of PNE Wind AG, Cuxhaven where he also served as interim CEO until June 2016 and since July 2016 Chairman of the Board of SE Blue Renweables, Copenhagen.

V. Raghuraman

Mr. V. Raghuraman serves as Non-Executive Independent Director of Suzlon Energy Limited. He is a post graduate in Chemical Engineering. He has over 40 years experience as Consultant, Trainer, Chief Executive and Primary specialisation in combustion, fuel efficiency, industrial consulting and training activities in Energy Conservation, Energy Management, National Productivity Council 1966-1992. He pioneered Energy Audit Methodology in the Country and was involved with Inter-Ministerial working group on utilisation and Conservation of Energy 1981-83. He coordinated 200 Energy Audits for projecting potential of Energy Savings in the Indian Economy.

Vijaya Sampath

Ms. Vijaya Sampath serves as Non-Executive Independent Director of the company. She is currently a Senior Partner in the corporate practice of Lakshmikumaran and Sridharan, Attorneys with over 35 years of experience advises clients on M&A, joint ventures, FDI, private equity, financing and commercial agreements. She is an independent director on the Board of six companies, two publicly listed and four unlisted subsidiaries of a large and diverse conglomerate. In addition, she is also the Ombudsperson for the Bharti group with responsibility for implementing the code of conduct and associated with Nyaya Bharti, a CSR initiative for providing legal aid to the economically and socially disadvantaged under trials. Earlier, she was the global Group General Counsel and Company Secretary for the telecom conglomerate Bharti Airtel group and a corporate law partner in J Sagar Associates, Delhi. She has successfully led a large in-house legal team in complex joint ventures, cross border acquisitions, private equity funding involving foreign direct investments. Her experience includes large outsourcing and commercial contracts, transfer of technology and service agreements, intellectual property arrangements, governance and compliance programs as well as investigations of bribery and fraud under US and Indian laws. She has also dealt with Indian and overseas regulators in telecom, capital markets and anti-trust. She is the chairperson of the corporate law committee in FICCI and is an invited speaker at workshops and conferences on various aspects of corporate law and practice.

Venkataraman Subramanian

Mr. Venkataraman Subramanian serves as Non-Executive Independent Director of the company. He is a retired officer of the premier Indian Administrative Services (IAS), which he joined in 1971. He retired from the position of Secretary to the Government in the Ministry of New and Renewable Energy in June 2008, prior to which he occupied various important positions in the Governments of West Bengal and India. His rich experience at the policy making and implementation levels cuts across various sectors including finance, aviation, energy and labour among others. As Secretary in the Ministry of New and Renewable Energy, he has undertaken path breaking initiatives that have resulted in doubling the grid connected renewable power generation capacity in less than three years. He is a founder member of the Indian Renewable Energy Federation, and a Director on the boards of leading Public and Private Sector Companies. He is also a freelance consultant and well known speaker on renewable energy in various international conferences.

Ravi Uppal

Mr. Ravi K. Uppal serves as Non-Executive Independent Director of Suzlon Energy Ltd. He is the Managing Director & Group CEO of US$ 4 billion Jindal Steel & Power Limited (JSPL) Group, is presently driving the company’s growth and responsible for business excellence, both in the domestic and global markets. With wide-ranging business experience, spanning over 36 years in engineering and infrastructure segments in India and abroad, Mr. Uppal is known for his entrepreneurial experience. Before joining JSPL, he served as the whole-time Director and President & CEO (Power) at L&T. Earlier he held various positions in ABB Group including President of Global Market, Member of Group Executive Committee, President of ABB in Asia Pacific Region & Chairman & Managing Director of ABB India. He has also to his credit of being the Founding Managing Director of Volvo in India. Mr. Uppal has been awarded the Royal Order of the Polar Star by the King of Sweden that named him Knight of this Order in recognition of his invaluable services to the Kingdom of Sweden. He was also conferred with the Marketing Award 2005 by the Institute of Marketing Management, India and named among ‘India’s Best of the Best’ by Smart Manager magazine. He holds a degree in Mechanical Engineering from the Indian Institute of Technology (IIT) Delhi, which has honoured him as a Distinguished Alumni. He is also an alumnus of the Indian Institute of Management (IIM) Ahmedabad. He has also done Advanced Management Program from Wharton Business School, USA. Mr. Uppal is actively involved in several industry forums & academic institutions and holds a keen interest in social and community development initiatives.

Ashish Gupta

Basic Compensation

Name Fiscal Year Total

Tulsi Tanti

15,800,000

J. Chalasani

53,124,500

Sanjay Baweja

9,173,330

Vinod Tanti

560,000

Hemal Kanuga

5,328,000

Rajiv Jha

300,000

Pratima Ram

600,000

Sunit Sarkar

100,000

Girish Tanti

740,000

Marc Desaedeleer

460,000

Per Hornung Pedersen

320,000

V. Raghuraman

1,200,000

Vijaya Sampath

420,000

Venkataraman Subramanian

1,060,000

Ravi Uppal

400,000

Ashish Gupta

--
As Of  31 Mar 2017