Jindal Stainless reclassifies PT Glory Metal Indonesia as Associate

Jindal Stainless Ltd announced a significant board decision on June 25, 2026, approving the re-classification of PT Glory Metal Indonesia as an associate of the company, effective July 1, 2026. The board also appointed Mr. Kunjal Mehta as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), replacing Mr. Tarun Kumar Khulbe in the additional CFO role. Mr. Mehta, a seasoned Chartered and Cost Accountant with over 25 years of experience, previously served as CFO at Adani Energy Solutions Limited. Mr. Khulbe will continue as CEO & Whole-time Director.