JSWHLNSEJSW Holdings LimitedMediumNeutral
Announced Thu, 28 May · 16:35 IST

JSW Holdings Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

JSWHL · price

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹12650.00
prior close
₹12498.00
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After-mkt
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+3.3+3.6+3.9+4.4+2.0-0.6-0.9-1.4-1.2-2.9-0.2-5.1
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AI summary

JSW Holdings Limited held its Board meeting on May 28, 2026, approving audited financial results for FY2026. Standalone profit after tax was Rs. 12,159.05 lakhs (vs Rs. 17,469.76 lakhs in FY2025), while consolidated PAT was Rs. 14,664.97 lakhs (vs Rs. 19,582.65 lakhs). Total standalone revenue stood at Rs. 17,945.23 lakhs. The decline in profits was partly due to share of loss from associates (Rs. 914.97 lakhs in Q4). The Board re-appointed Mr. Manoj Kr. Mohta as Whole-time Director (also CEO & CFO) for 5 years from June 1, 2026, subject to shareholder approval. Mr. Nirmal Kumar Karwa was appointed as an Independent Director under Regulation 16(1)(d). Mr. Haresh Dua was re-appointed as Internal Auditor for FY2026-27. The Company also revised its Insider Trading Code of Conduct.

Likely market impact

The company maintains leadership continuity with Mr. Mohta continuing as CEO & CFO. The appointment of a new independent director strengthens board governance. Financial performance shows decline in profitability year-on-year, primarily due to mark-to-market losses on investments and associate losses.