Announced Thu, 25 Jun · 14:16 IST
Jindal Stainless appoints new CFO, Indonesia unit reclassified as associate
Management Changes View source PDF
JSL · price
▲ 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
-1.6%1-day move
₹699.50
prior close
₹695.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.1-0.2-1.6-0.7-2.6-0.8-0.3-0.7+5.5+3.5——
Up moveDown movePending
AI summary
Jindal Stainless appointed Kunjal Mehta as CFO from June 25, 2026. He is a chartered and cost accountant with 25+ years experience, previously CFO at Adani Energy Solutions. CEO Tarun Kumar Khulbe, who held additional CFO charge, continues as CEO. Board reclassified PT Glory Metal Indonesia from subsidiary to associate from July 1, 2026, as original governance framework is restored where JV partner holds majority board rights. Economic rights unchanged.
Likely market impact
New dedicated CFO with strong finance background joins. Indonesia reclassification is governance-only with no change in economics or shareholding.