StockWatch
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Iron & Steel
Board Meeting24 Jul 2026, 06:40 pm

Jindal Steel Board Approves Q1 FY27 Results, Appoints New MD & CFO

AI Summary

Jindal Steel Ltd's Board of Directors met on July 24, 2026, approving the Un-audited Financial Results for Q1 FY27 on both standalone and consolidated basis. The board also approved key management changes, including the appointment of Mr. Vidya Rattan Sharma as Additional Director and Managing Director for two years, subject to shareholder approval. Mr. Sandeep Modi was appointed as Chief Financial Officer, and Mr. Rajiv Kumar as Chief Operating Officer. Additionally, S S Kothari Mehta & Co. LLP was appointed as Statutory Auditors for a five-year term. Mr. Sunil Agrawal will step down as interim CFO but continue to oversee the Finance function.

Key Highlights

  • Approved Q1 FY27 Un-audited Financial Results (standalone & consolidated).
  • Appointed Mr. Vidya Rattan Sharma as Additional Director and MD.
  • Appointed Mr. Sandeep Modi as Chief Financial Officer.
  • Appointed S S Kothari Mehta & Co. LLP as Statutory Auditors.
  • Key management changes and auditor appointment approved by the board.