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Energy LimitedMain BoardEquity2025-04-012026-03-312026-05-252026-05-18INRCroresQuarterlyFourth quarterSingle segmentSingle segment2026-05-2513:30:002026-05-2514:55:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-05https://www.suzlon.com//NewPdf/Shareholders_Information/Corporate_Governance_Policies/2022-23/Policy-on-materiality-of-related-party-transactions-and-dealing-with-related-party-transactions2026.pdffalsefalseNo. There is no default by Suzlon Energy Limited on payment of interest / repayment on loan from banks / financial institutions during the quarter ended March 31, 20262026-01-012026-03-31UnauditedStandalone4967450000067900000050353500000325906000000188380000016850000001225200000602300000382850000041815400000853810000012404200000209423000000-1003600000-100360000002194590000000002194590000053200000219991000002744990000021.61.6001.61.62025-04-012026-03-31AuditedStandalone15091530000015413000001524566000001059021000000-4827200000767950000041774000001896500000139428000001287711000002368550000011784000000354695000000-5640600000-5640600000041110100000000041110100000134000004112350000027449900000270827600000330033Foreign exchange loss / (gain)-186800000Other expenses4015300000Foreign exchange loss / (gain)543800000Other expenses1339900000010527700000137880000024190000001553300000135700000002123280000021731000005256400000117990000004046130000012021100000302000000666218000003557490000021389000005741950000029767000005752700000133070000020199000007163840000099490000060178000001142260000000018084780000027449900000708276000009827750000098277500000000089000000008900000000207510000090000010976000000012448000004385840000045103200000140240000046505600000182511000006837600000007159430000000825703000001808478000001. Right to use asset included in the PPE Rs. 293.96 Crs. Other financial assets11799000000Other non-current assets302000000Other financial assets2019900000Other current assets6017800000Lease liabilities2611100000Other financial liabilities6288900000Other non-current liabilities900000Lease liabilities276600000Other financial liabilities1125800000Contract liabilities17773900000Other current liabilities4772000001846200000-9511100000-21932800000-2173100000-1507000000611200000-1509700000-52090000001919630000001783100000-36000001896500000316600000-2073600000595500000337400000-124900000-152000000147680000082590000000-2061000000-83462000000-21992300000134772000000005671000000129101000000500680000000000080000044000000000000000000000000007868000000-4525800000-13145000000009190000000000000332400000010385000000-414900000-866800000-1101700000-136900000-123860000099680000008729400000items that will not be reclassified to profit and loss5320000053200000items that will not be reclassified to profit and loss134000001340000000005320000013400000Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryLoanRefer Note6910000004823000001370700000Inter-corporate deposit0.1Up to June 30, 2030UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Renom Energy Services Private Limited******SubsidiaryLoan250000000Refer Note100000000249700000350000000Inter-corporate deposit0.1Up to March 31, 2028UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suzlon Projects Limited******Wholly owned subsidiaryLoanRefer Note1124000005710000037700000Inter-corporate deposit0.1Up to March 31, 2030UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suzlon Southern Projects Limited******Wholly owned subsidiaryLoanRefer Note1193000000536400000414000000Inter-corporate deposit0.1Up to March 31, 2030UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suzlon Western India Projects Limited******Wholly owned subsidiaryLoanRefer Note144820000015380000001355200000Inter-corporate deposit0.1Up to March 31, 2030UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiaryLoanRefer Note011897000001305600000Inter-corporate deposit0.09Up to March 31, 2030UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Freya Renewables Limited******Wholly owned subsidiaryLoanRefer Note800000164000000Inter-corporate deposit0.1Up to March 31, 2029UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suryoday Renewables Limited******Wholly owned subsidiaryLoanRefer Note155000000001550700000Inter-corporate deposit0.09Up to March 31, 2028UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Anshul Green Urja Limited******Wholly owned subsidiaryLoanRefer Note1175000000117500000Inter-corporate deposit0.09Up to March 31, 2028UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Gale Green Urja Limited******Wholly owned subsidiaryLoanRefer Note15000000015000000Inter-corporate deposit0.09Up to March 31, 2028UnsecuredBusiness purposesTransactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Rahul Jain******Key Management PersonnelLoanNA46900000046800000Loan0.03Up to December 31, 2035UnsecuredPersonal purposesSuzlon Energy Limited******Suzlon Energy Australia Pty. Ltd.******Wholly owned subsidiarySale of goods or servicesRefer Note5000000-25000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiarySale of goods or servicesRefer Note1040000096000006000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Western India Projects Limited******Wholly owned subsidiarySale of goods or servicesRefer Note2545000004310000030400000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Southern Projects Limited******Wholly owned subsidiarySale of goods or servicesRefer Note35100000541000004500000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Renom Energy Services Private Limited******SubsidiarySale of goods or services4800000Refer Note4800000180800000400000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******SE Freight and Logistics India Private Limited******Entities where KMP have significant influenceSale of goods or services3900000Refer Note390000077000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Suzlon Wind Energy South-Africa (PTY) Limited******SubsidiarySale of goods or services100000000Refer Note800000-8000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Wholly owned subsidiarySale of goods or servicesRefer Note1000000-1600000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries. # Amount less than ₹ 0.01 CroreSuzlon Energy Limited******Samanvaya Holdings Private Limited******Entities where KMP have significant influenceSale of goods or services4600000Refer Note4600000169000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Jitendra R.Tanti******Relatives of Key Management PersonnelSale of goods or services1600000Refer Note160000020000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Gita T. Tanti******Relatives of Key Management PersonnelSale of goods or services8400000Refer Note84000009000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Vinod R. Tanti******Key Management PersonnelSale of goods or services1600000Refer Note16000004000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Rambhaben Ukabhai******Relatives of Key Management PersonnelSale of goods or services1800000Refer Note180000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Tanti Holdings Private Limited******Entities where KMP have significant influenceSale of goods or services3200000Refer Note320000016000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiarySale of goods or servicesRefer Note12000001000008500000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Wind Energy Equipment Trading Co Limited******Wholly owned subsidiaryPurchase of goods or servicesRefer Note22700000-145300000-30500000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiaryPurchase of goods or servicesRefer Note2233200000-478000000-1086400000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Energy A/s******Wholly owned subsidiaryPurchase of goods or servicesRefer Note60700000-7600000-10600000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Renom Energy Services Private Limited******SubsidiaryPurchase of goods or services100800000Refer Note100800000-353000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Suzlon Western India Projects Limited******Wholly owned subsidiaryPurchase of goods or servicesRefer Note3804000000-1084600000-960700000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Southern Projects Limited******Wholly owned subsidiaryPurchase of goods or servicesRefer Note1259400000-20200000-406900000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryPurchase of goods or servicesRefer Note1312000000-13900000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Wind Energy Espana, S.L******Wholly owned subsidiaryPurchase of goods or servicesRefer Note157000000-15800000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryInterest receivedRefer Note4770000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiaryInterest receivedRefer Note6190000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Renom Energy Services Private Limited******SubsidiaryInterest receivedNA1430000000Suzlon Energy Limited******Freya Renewables Limited******Wholly owned subsidiaryInterest receivedRefer Note130000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suzlon Projects Limited******Wholly owned subsidiaryInterest receivedRefer Note220000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suzlon Western India Projects Limited******Wholly owned subsidiaryInterest receivedRefer Note9920000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suzlon Southern Projects Limited******Wholly owned subsidiaryInterest receivedRefer Note4710000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Suryoday Renewables Limited******Wholly owned subsidiaryInterest receivedRefer Note80000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Anshul Green Urja Limited******Wholly owned subsidiaryInterest receivedRefer Note170000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Gale Green Urja Limited******Wholly owned subsidiaryInterest receivedRefer Note20000000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Rahul Jain******Key Management PersonnelInterest receivedNA40000000Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiaryAny other transactionLease rent incomeRefer Note10000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Sarjan Realities Private Limited******Entities where KMP have significant influenceAny other transactionLease rent income8800000Refer Note39000000700000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryAny other transactionLease rent incomeRefer Note490000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Western India Projects Limited******Wholly owned subsidiaryAny other transactionLease rent incomeRefer Note1320000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Projects Limited******Wholly owned subsidiaryAny other transactionLease rent incomeRefer Note670000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Southern Projects Limited******Wholly owned subsidiaryAny other transactionLease rent incomeRefer Note300000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Sarjan Realities Private Limited******Entities where KMP have significant influenceAny other transactionLease rent expense72100000Refer Note3600000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryAny other transactionLease rent expenseRefer Note60000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Girish R. Tanti******Key Management PersonnelAny other transactionDirector sitting feesNA10000000Suzlon Energy Limited******Sameer Shah******Key Management PersonnelAny other transactionDirector sitting feesNA80000000Suzlon Energy Limited******Seemantinee Khot******Key Management PersonnelAny other transactionDirector sitting feesNA70000000Suzlon Energy Limited******Gautam Doshi******Key Management PersonnelAny other transactionDirector sitting feesNA80000000Suzlon Energy Limited******Per Hornung Pedersen******Key Management PersonnelAny other transactionDirector sitting feesNA10000000Suzlon Energy Limited******Pranav T. Tanti******Key Management PersonnelAny other transactionDirector sitting feesNA60000000Suzlon Energy Limited******Girish Vanvari******Key Management PersonnelAny other transactionDirector sitting feesNA10000000Suzlon Energy Limited******Vinod R. Tanti******Key Management PersonnelRemuneration74600000Refer Note746000000-44800000The remuneration is paid in terms of the approval of the Audit Committee of the Board of Directors of the CompanySuzlon Energy Limited******J. P. Chalasani******Key Management PersonnelRemunerationNA2990000000Suzlon Energy Limited******Girish R. Tanti******Key Management PersonnelRemuneration73800000Refer Note738000000-44800000The remuneration is paid in terms of the approval of the Audit Committee of the Board of Directors of the CompanySuzlon Energy Limited******Ajay Kapur******Key Management PersonnelRemunerationNA1450000000Suzlon Energy Limited******Rahul Jain******Key Management PersonnelRemunerationNA1330000000Suzlon Energy Limited******Geetanjali Vaidya******Key Management PersonnelRemunerationNA300000000Suzlon Energy Limited******J. P. Chalasani******Key Management PersonnelAny other transactionShare based paymentsNA3590000000Suzlon Energy Limited******Geetanjali Vaidya******Key Management PersonnelAny other transactionShare based paymentsNA290000000Suzlon Energy Limited******Suzlon Employees Group Superannuation Scheme******Employee fundsAny other transactionContribution to various fundsNA540000000Suzlon Energy Limited******Suzlon Employees Group Gratuity Cum Life Assurance Scheme******Employee fundsAny other transactionContribution to various fundsNA11000000000Suzlon Energy Limited******Suzlon Wind Energy Romania SRL******Wholly owned subsidiaryAny other transactionWriteback of trade payableRefer Note18500000-178000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Energy Australia Pty. Ltd.******Wholly owned subsidiaryAny other transactionWriteback of trade payableRefer Note300000-3000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryAny other transactionReimbursement of expenses receivableRefer Note2880000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Projects Limited******Wholly owned subsidiaryAny other transactionReimbursement of expenses receivableRefer Note1520000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Western India Projects Limited******Wholly owned subsidiaryAny other transactionReimbursement of expenses receivableRefer Note1160000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Southern Projects Limited******Wholly owned subsidiaryAny other transactionReimbursement of expenses receivableRefer Note790000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiaryAny other transactionReimbursement of expenses receivableRefer Note440000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******AE Rotor Holding B.V.******Wholly owned subsidiaryAny other transactionExtinguishment / Reversal of financial liabilities, financial assets and impairment allowanceRefer Note5460000000-58723000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Sharayu Renewables Limited******Wholly owned subsidiaryInvestmentRefer Note10000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Advay Wind Park Limited******Wholly owned subsidiaryInvestmentRefer Note10000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Avani Wind Park Limited******Wholly owned subsidiaryInvestmentRefer Note10000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Avyaan Wind Park Limited******Wholly owned subsidiaryInvestmentRefer Note10000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Akhila Wind Park Limited******Wholly owned subsidiaryInvestmentRefer Note10000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Green Limited******Wholly owned subsidiaryInvestmentRefer Note2700000000300000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******SWE Renewables Limited******Wholly owned subsidiaryInvestmentRefer Note2200000000200000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Freya Renewables Limited******Wholly owned subsidiaryInvestmentRefer Note2800000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Green Limited******Wholly owned subsidiaryInvestmentRefer Note120000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Briza Renewables Limited******Wholly owned subsidiaryInvestmentRefer Note100000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Shreya Wind Park Limited******Wholly owned subsidiaryInvestmentRefer Note100000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******SWE Wind Project Services Limited******Wholly owned subsidiaryInvestmentRefer Note100000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******SWE Renewables Limited******Wholly owned subsidiaryInvestmentRefer Note50000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryAny other transactionImpairment in Equity and Preference shares in subsidiaryRefer Note58000000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Freya Renewables Limited******Wholly owned subsidiaryAny other transactionImpairment in Equity and Preference shares in subsidiaryRefer Note2800000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Renom Energy Services Private Limited******SubsidiaryAny other transactionImpairment in Equity and Preference shares in subsidiaryNA80000000000Suzlon Energy Limited******Tanti Holdings Private Limited******Entities where KMP have significant influenceAny other transactionPerformance guarantee3100000Refer Note310000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******SE Freight and Logistics India Private Limited******Entities where KMP have significant influenceAny other transactionPerformance guarantee2200000Refer Note220000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Vinod R. Tanti******Key Management PersonnelAny other transactionPerformance guarantee400000Refer Note40000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Samanvaya Holdings Private Limited******Entities where KMP have significant influenceAny other transactionPerformance guarantee500000Refer Note50000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Gita T. Tanti******Relatives of Key Management PersonnelAny other transactionPerformance guarantee3600000Refer Note360000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Jitendra R.Tanti******Relatives of Key Management PersonnelAny other transactionPerformance guarantee700000Refer Note70000000The value of the Related Party Transaction approved by the Audit Committee of the Company is for the financial year 2025-26Suzlon Energy Limited******Suzlon Renewable Development Limited******Wholly owned subsidiaryAny other transactionReimbursement of expenses payableRefer Note1660000000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******SE Forge Limited******Wholly owned subsidiaryAny other transactionCorporate guarantee givenRefer Note142450000015379000001869400000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Sarjan Realities Private Limited******Entities where KMP have significant influenceAny other transactionSecurity deposit takenNA0-700000-700000Suzlon Energy Limited******Suzlon Wind Energy Nicaragua Sociedad Anonima******Wholly owned subsidiaryAny other transactionTrade payablesRefer Note0-900000-900000Approval of Audit Committee of Suzlon Energy Limited (the “Company”) is not required for transactions executed between the Company and its wholly owned subsidiaries.Suzlon Energy Limited******Suzlon Wind Energy South-Africa (PTY) Limited******SubsidiaryAny other transactionCorporate guarantee givenRefer Note0976300000809800000Transactions are in accordance with the limits approved by the Board of Directors of the Company.Suzlon Energy Limited******Renom Energy Services Private Limited******SubsidiaryAny other transactionCorporate guarantee givenNA0420000000420000000Suzlon Renewable Development Limited******Anshul Green Urja Limited******Wholly owned subsidiaryLoanRefer Note01134000000Inter-corporate deposit0.1Up to June 30, 2030UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Renewable Development Limited******Anshul Green Urja Limited******Wholly owned subsidiaryInterest receivedRefer Note390000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Renewable Development Limited******Suzlon Projects (West) Limited******Fellow subsidiaryAny other transactionReimbursement of expenses receivableRefer Note66900000072300000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Renewable Development Limited******Seemantinee Khot******Key Management PersonnelAny other transactionDirector sitting feesNA10000000Suzlon Renewable Development Limited******Sameer Shah******Key Management PersonnelAny other transactionDirector sitting feesNA10000000Suzlon Renewable Development Limited******Anshul Green Urja Limited******Wholly owned subsidiaryAny other transactionOther financial assetRefer Note08000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Renewable Development Limited******Suzlon Employees Group Gratuity Cum Life Assurance Scheme******Employee fundsAny other transactionContribution to various fundsNA-80000000Suzlon Renewable Development Limited******Suzlon Employees Group Superannuation Scheme******Employee fundsAny other transactionContribution to various fundsNA900000000Suzlon Renewable Development Limited******Suzlon Foundation******Entities where KMP have significant influenceAny other transactionDonation givenRefer Note550000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.SE Forge Limited******SE Forge Limited- Employee Group Gratuity Scheme******Employee fundsAny other transactionContribution to various fundsNA100000000Suzlon Green Limited******Varadvinayak Renewables Limited******Fellow subsidiaryLoanRefer Note0106400000106400000Inter-corporate deposit0.1Up to May 31, 2030UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Green Limited******Freya Renewables Limited******Fellow subsidiaryLoanRefer Note014000000Inter-corporate deposit0.09Up to March 31, 2026UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Green Limited******Varadvinayak Renewables Limited******Fellow subsidiaryInterest receivedRefer Note350000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Green Limited******Varadvinayak Renewables Limited******Fellow subsidiaryAny other transactionOther financial assetRefer Note0700000106400000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suryoday Renewables Limited******Gale Green Urja Limited******Fellow subsidiaryLoanRefer Note011000001100000Inter-corporate deposit0.1Up to August 31, 2029UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suryoday Renewables Limited******Varadvinayak Renewables Limited******Fellow subsidiaryLoanRefer Note0100000100000Inter-corporate deposit0.1Up to August 31, 2029UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suryoday Renewables Limited******Anshul Green Urja Limited******Fellow subsidiaryAny other transactionOther current assetRefer Note02000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suryoday Renewables Limited******SE Forge Limited******Fellow subsidiaryAny other transactionOther financial assetRefer Note0050000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Projects Limited******Suzlon Projects (West) Limited******Wholly owned subsidiaryAny other transactionOther operating incomeRefer Note1061000003920000060100000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Projects Limited******Suzlon Projects (South) Limited******Wholly owned subsidiaryAny other transactionOther operating incomeRefer Note193000001780000010200000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Projects Limited******Suzlon Employees Group Gratuity Cum Life Assurance Scheme******Employee fundsAny other transactionContribution to various fundsNA100000000Suzlon Projects (West) Limited******Suzlon Projects (South) Limited******Fellow subsidiarySale of goods or servicesRefer Note3010000018000006500000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Projects (West) Limited******Suzlon Employees Group Superannuation Scheme******Employee fundsAny other transactionContribution to various fundsNA680000000Suzlon Projects (South) Limited******Suzlon Projects (West) Limited******Fellow subsidiarySale of goods or servicesRefer Note2690000039000009900000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Projects (South) Limited******Suzlon Employees Group Gratuity Cum Life Assurance Scheme******Employee fundsAny other transactionContribution to various fundsNA250000000SWE Renewables Limited******Gale Green Urja Limited******Fellow subsidiaryLoanRefer Note200000001990000039900000Inter-corporate deposit0.1Up to June 30, 2030UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.SWE Renewables Limited******Gale Green Urja Limited******Fellow subsidiaryInterest receivedRefer Note120000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.SWE Renewables Limited******Gale Green Urja Limited******Fellow subsidiaryAny other transactionOther financial assetRefer Note01000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.AE Rotor Holding B.V.******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiaryInterest receivedRefer Note20000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.AE Rotor Holding B.V.******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiaryAny other transactionTrade ReceivableRefer Note01660000017800000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.AE Rotor Holding B.V.******Suzlon Energy Limited, Mauritius******Other Holding CompanyAny other transactionOther current assetRefer Note0027900000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.AE Rotor Holding B.V.******Suzlon Wind Energy Limited******Other Holding CompanyAny other transactionOther current assetRefer Note0030200000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiarySale of goods or servicesRefer Note40000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Wholly owned subsidiarySale of goods or servicesRefer Note30000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Romania SRL******Wholly owned subsidiarySale of goods or servicesRefer Note20000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Energy Australia Pty. Ltd.******Wholly owned subsidiarySale of goods or servicesRefer Note140000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Enerji Sanayi VE Ticaret Limited Sirketi******Wholly owned subsidiarySale of goods or servicesRefer Note20000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Romania SRL******Wholly owned subsidiaryInterest receivedRefer Note10000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Wholly owned subsidiaryInterest receivedRefer Note200000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Romania SRL******Wholly owned subsidiaryDividend receivedRefer Note10950000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Romania SRL******Wholly owned subsidiaryLoanRefer Note0178000000Inter-corporate deposit0.0375Repayable on demand, with pre-payment optionUnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Wholly owned subsidiaryLoanRefer Note0123200000135000000Inter-corporate deposit0.0375Repayable on demand, with pre-payment optionUnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Uruguay SA******Fellow subsidiaryLoanRefer Note02370000017500000Inter-corporate deposit0.0375Repayable on demand, with pre-payment optionUnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Nicaragua Sociedad Anonima******Wholly owned subsidiaryLoanRefer Note02209000000Inter-corporate deposit0.0375Repayable on demand, with pre-payment optionUnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Wholly owned subsidiaryAny other transactionTrade receivablesRefer Note0116300000120500000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Nicaragua Sociedad Anonima******Wholly owned subsidiaryAny other transactionTrade receivablesRefer Note04020000041200000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Enerji Sanayi VE Ticaret Limited Sirketi******Wholly owned subsidiaryAny other transactionTrade receivablesRefer Note05850000042000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Energy Limited, Mauritius******Holding CompanyAny other transactionOther financial assetRefer Note027800000900000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy A/S******Suzlon Wind Energy Limited******Fellow subsidiaryAny other transactionOther financial assetRefer Note0224000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Australia Pty. Ltd.******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Fellow subsidiarySale of goods or servicesRefer Note730000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Australia Pty. Ltd.******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiarySale of goods or servicesRefer Note2840000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Australia Pty. Ltd.******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiaryAny other transactionTrade receivablesRefer Note002600000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Equipment Trading Co Limited******Suzlon Energy (Tianjin) Limited******AssociateAny other transactionTrade payablesNA01450000015800000Suzlon Energy Limited, Mauritius******Suzlon Wind Energy South-Africa (PTY) Limited******Wholly owned subsidiaryInterest receivedRefer Note1000000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Limited, Mauritius******Suzlon Wind Energy (Lanka) Pvt Limited******Wholly owned subsidiaryDividend receivedRefer Note2280000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Limited, Mauritius******Suzlon Wind Energy (Lanka) Pvt Limited******Wholly owned subsidiaryAny other transactionOther financial assetRefer Note0017700000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Limited, Mauritius******Suzlon Wind Energy South-Africa (PTY) Limited******Wholly owned subsidiaryLoanRefer Note0362000000393000000Inter-corporate deposit0.0539Up to March 31, 2028UnsecuredBusiness purposesApproval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Energy Limited, Mauritius******Suzlon Wind Energy Limited******Wholly owned subsidiaryAny other transactionOther current assetRefer Note0100000100000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Fellow subsidiarySale of goods or servicesRefer Note10000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Energy Australia Pty. Ltd.******Fellow subsidiarySale of goods or servicesRefer Note70000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Wind Enerji Sanayi VE Ticaret Limited Sirketi******Fellow subsidiaryAny other transactionOther operating incomeRefer Note50000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Energy A/S******Fellow subsidiaryAny other transactionOther operating incomeRefer Note1050000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Wind Energy Romania SRL******Fellow subsidiaryAny other transactionOther operating incomeRefer Note1620000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Fellow subsidiaryAny other transactionTrade receivablesRefer Note0695000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiaryAny other transactionTrade receivablesRefer Note05000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Energy A/S******Fellow subsidiaryAny other transactionTrade receivablesRefer Note017000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Espana, S.L******Suzlon Wind Energy Romania SRL******Fellow subsidiaryAny other transactionTrade receivablesRefer Note052000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Energy Espana, S.L******Fellow subsidiarySale of goods or servicesRefer Note1950000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiarySale of goods or servicesRefer Note62000007000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Enerji Sanayi Ve Ticaret Limited Sirketi******Fellow subsidiarySale of goods or servicesRefer Note3030000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Energy Romania SRL******Fellow subsidiarySale of goods or servicesRefer Note570000013000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Energy Australia Pty. Ltd.******Fellow subsidiarySale of goods or servicesRefer Note50000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Energy Uruguay SA******Fellow subsidiaryAny other transactionOther operating incomeRefer Note730000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Energy Romania SRL******Fellow subsidiaryAny other transactionOther operating incomeRefer Note730000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Suzlon Wind Energy Uruguay SA******Fellow subsidiaryAny other transactionTrade receivablesRefer Note061000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Romania SRL******Suzlon Energy A/S******Holding CompanyInterest receivedRefer Note70000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Energy Romania SRL******Suzlon Energy A/S******Holding CompanyAny other transactionTrade ReceivableRefer Note01296000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Enerji Sanayi Ve Ticaret Limited Sirketi******Suzlon Wind Energy South-Africa (PTY) Limited******Fellow subsidiarySale of goods or servicesRefer Note60000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Enerji Sanayi Ve Ticaret Limited Sirketi******Suzlon Wind Energy Romania SRL******Fellow subsidiarySale of goods or servicesRefer Note10000000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.Suzlon Wind Enerji Sanayi Ve Ticaret Limited Sirketi******Suzlon Wind Energy Portugal Energia Elocia Unipessoal Lda******Fellow subsidiaryAny other transactionOther current assetsRefer Note094000003800000Approval of Audit Committee of the Company was not applicable for transactions of subsidiaries entered during the financial year 2025-26.23472800000AuditedtrueM/s. Walker Chadiok & Co. LLPtrue2028-05-31