Announced Thu, 25 Jun · 14:12 IST
Jindal Stainless appoints Kunjal Mehta as CFO; Tarun Khulbe continues as CEO
JSL · price
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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹699.50
prior close
₹696.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.3-0.3-1.6-0.7-2.6-0.8-0.3-0.7+5.5+3.5——
Up moveDown movePending
AI summary
Board appointed Kunjal Mehta as CFO effective June 25, 2026. He is a Chartered Accountant and Cost Accountant with 25+ years experience, formerly CFO of Adani Energy Solutions. Tarun Kumar Khulbe, who held the additional CFO charge since June 2025, gives up the CFO role but continues as CEO and Whole-time Director. PT Glory Metal Indonesia will shift from subsidiary to associate from July 1, 2026, a governance change only; economic interest is unchanged.
Likely market impact
Routine leadership transition with experienced finance hire from the Adani group. PTGMI reclassification is governance only and does not alter economic interest.