Jindal Stainless appoints Kunjal Mehta as CFO; PTGMI reclassified as associate
JSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Stainless has appointed Mr. Kunjal Mehta as its new Chief Financial Officer effective June 25, 2026. Mr. Mehta is a Chartered Accountant and Cost Accountant with over 25 years of experience across power, steel, ports, and logistics, and was previously CFO at Adani Energy Solutions. CEO Mr. Tarun Kumar Khulbe, who held additional CFO charge since June 2025, will continue as CEO and Whole-time Director. The board also approved reclassifying PT Glory Metal Indonesia from a subsidiary back to an associate from July 1, 2026, restoring original JV governance without any change in shareholding or economic rights.
Neutral to mildly positive. New CFO brings strong finance leadership; PTGMI reclassification is governance-related with no change in economic interest.