Jindal Stainless appoints new CFO; CEO gives up additional CFO charge
JSL · price
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Jindal Stainless has appointed Mr. Kunjal Mehta, a Chartered Accountant and Cost Accountant with 25 plus years of experience (previously CFO at Adani Energy Solutions), as the new Chief Financial Officer effective June 25, 2026. Mr. Tarun Kumar Khulbe, CEO and Whole-time Director, relinquishes the additional CFO charge he held since June 2025 but continues as CEO. The Board also approved reclassifying Indonesian joint venture PT Glory Metal Indonesia from a subsidiary back to an associate from July 1, 2026 after governance framework changes with the JV partner.
Routine leadership transition with an experienced external CFO hire. Indonesian JV reclassification has minor accounting and consolidation impact, no change in economic stake.