JSW Holdings Limited has informed the Exchange about appointment of Mr. Nirmal Karwa in terms of Regulation 16(1)(d) of SEBI (LODR) Reg, 2015
JSWHL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Holdings Limited held a board meeting on May 28, 2026 approving multiple items. The company reported standalone net profit of Rs 12,159.05 lakhs for FY 2026 (down from Rs 17,469.76 lakhs in FY 2025), with consolidated net profit of Rs 14,664.97 lakhs. The board approved re-appointment of Mr. Manoj Kr. Mohta as Whole-time Director (also CEO & CFO) for 5 years from June 1, 2026, appointment of Mr. Nirmal Kumar Karwa as a Key Managerial Personnel under Regulation 16(1)(d) from June 1, 2026, and re-appointment of Mr. Haresh Dua as Internal Auditor for FY 2026-27. The auditors HPVS & Associates gave unmodified opinions on both standalone and consolidated financial results.
The company continues to strengthen its leadership team with the re-appointment of the CEO/CFO and addition of a new KMP. The appointment under Regulation 16(1)(d) suggests a key personnel addition, potentially with insider knowledge. Financial performance showed decline in profits year-on-year, primarily due to lower other comprehensive income from fair value changes in equity instruments.