JINDALSAWNSEJindal Saw Limited· Steel And Steel ProductsMediumNeutral
Announced Mon, 27 Apr · 17:58 IST

Jindal Saw Limited has informed the Exchange regarding Appointment of Mr Ashutosh Karnatak as Independent Director of the company w.e.f. April 27, 2026.

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JINDALSAW · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.5%1-day move
₹245.50
prior close
₹231.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+2.2+2.4+4.1-6.5-8.6-5.6-4.9-1.2-0.8-10.6-1.3+6.3
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AI summary

Jindal Saw Limited's Board has appointed Dr. Ashutosh Karnatak as an Additional Independent Director effective April 27, 2026. Dr. Karnatak is a highly experienced professional with over 44 years in the energy sector, previously serving as Chairman & Managing Director of GAIL (India) Ltd. He brings expertise in project execution, corporate governance, risk management, and sustainability. The Board also appointed Deloitte Haskins and Sells LLP as Internal Auditors and R J Goel & Co. as Cost Auditors for FY 2026-27. Dr. Karnatak has no inter-se relationship with existing board members and has affirmed he is not debarred from holding directorship.

Likely market impact

The appointment strengthens the Board's independence and expertise, particularly in energy and infrastructure, which is positive for governance standards. However, it is a routine board appointment with no material impact on stock price in the near term.