StockWatch
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Iron & Steel
Management Change25 Jun 2026, 02:22 pm

Jindal Stainless Ltd: Kunjal Mehta Appointed CFO, Tarun Khulbe Relinquishes Role

AI Summary

Jindal Stainless Ltd announced a significant management change, appointing Mr. Kunjal Mehta as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 25, 2026. Concurrently, Mr. Tarun Kumar Khulbe will cease to hold the additional responsibility of CFO, while continuing as CEO & Whole-time Director. Mr. Mehta brings over 25 years of experience in finance across various sectors, previously serving as CFO at Adani Energy Solutions Limited. The company also approved the re-classification of PT Glory Metal Indonesia as an associate, effective July 1, 2026. This reshuffle aims to strengthen financial leadership and strategic oversight.

Key Highlights

  • Kunjal Mehta appointed as new CFO and KMP.
  • Tarun Kumar Khulbe relinquishes additional CFO responsibility.
  • Mehta has 25+ years of diversified financial experience.
  • PT Glory Metal Indonesia re-classified as an associate.
  • Effective date for CFO change is June 25, 2026.