Suzlon Energy founder Tulsi Tanti dead at 64
Suzlon Energy founder Tulsi Tanti died Saturday at the age of 64
His cause of death was said to be cardiac arrest
Tanti, who owned a textile business in 1995, moved into wind energy production
Suzlon Energy founder Tulsi Tanti, popularly known as India's "wind man," died Saturday at the age of 64. His cause of death was said to be cardiac arrest.
“With profound sadness, we inform you of the untimely demise of Shri Tulsi R. Tanti, the Founder, the Chairman & Managing Director, and one of the promoters of Suzlon Energy Limited on 1st October 2022. Shri Tanti suffered a cardiac arrest and passed away the same day,” the company said in a filing with stock exchanges.
Tanti, who owned a textile business in 1995, moved into wind energy production to secure the textile company's energy needs. In 2001, he sold off the textile business.
"In this difficult time, the Company continues to be supported by its highly experienced board of directors and senior management who are both able and committed to taking Shri Tanti's legacy forward and realise his vision for the company," confirming the development in a press release, Suzlon Energy stated.
"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.
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Tanti was the Chairman of the Indian Wind Turbine Manufacturers Association (IWTMA) and a member of the Board of Management of TERI University, Delhi.
He was a stalwart of the Indian and global renewable energy industry. He completed his Bachelor of Commerce Degree and a Diploma in Mechanical Engineering