Jindal Stainless Appoints Kunjal Mehta as Chief Financial Officer

<h1>Jindal Stainless Appoints Kunjal Mehta as Chief Financial Officer</h1>

National, June 25, 2026: Jindal Stainless, a leading stainless steel manufacturer in India, has appointed Mr Kunjal Mehta as its new Chief Financial Officer (CFO). The appointment is effective immediately, following approval by the company’s Board in Delhi. A highly experienced finance professional, Mr Mehta will be instrumental in guiding the company's financial strategy as it pursues continued growth and value creation.

As CFO, Mr Mehta will oversee the comprehensive finance function of Jindal Stainless. His responsibilities will include treasury management, capital management, investor relations, risk management, financial planning, and strategic growth initiatives.

Commenting on the strengthening of the leadership team, Managing Director of Jindal Stainless, Mr Abhyuday Jindal stated that disciplined capital management remains a critical priority as the company continues to expand its leadership position. He expressed confidence that Kunjal’s deep expertise in corporate finance, fundraising, and business transformation will further bolster the company's financial resilience and support its upward trajectory in the manufacturing sector.

Prior to joining Jindal Stainless, Mr Mehta served as CFO at Adani Energy Solutions Limited. His extensive background includes holding senior leadership positions at Essar Steel India Limited, Adani Ports & Special Economic Zone Limited, and Adani Electricity Mumbai Limited. A qualified Chartered Accountant and Cost Accountant, Mr Mehta possesses broad experience in corporate finance, resource mobilization, treasury management, working capital analysis, and risk governance across various large organizations both domestically and internationally.

Mr Kunjal Mehta expressed his enthusiasm for the role, stating, "I am delighted to join Jindal Stainless at a defining stage in its growth journey. The company has established a strong leadership position in the stainless steel sector through its focus on innovation, operational excellence, sustainability, and customer-centricity. I look forward to working with the leadership team to strengthen the financial foundation and support the long-term strategic objectives."

Company Overview​

Jindal Stainless is recognized as India's premier stainless steel manufacturer. The company reported an annual turnover of INR 42,955 crore (USD 4.86 billion) in FY26. Looking ahead, Jindal Stainless is ramping up its facilities to achieve an annual melt capacity of 4.2 million tonnes by FY27.

As of March 2026, the company maintains a worldwide network spanning 12 countries and operates 16 stainless steel manufacturing and processing facilities across India and abroad, including in Spain and Indonesia. Within India, Jindal Stainless has ten sales offices and six service centers. The product portfolio is extensive and includes various forms of stainless steel such as slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks.

Jindal Stainless emphasizes sustainable manufacturing practices. The company utilizes electric arc furnaces in its production process, a method that significantly reduces greenhouse gas emissions and enables the recyclability of scrap without compromising quality.

JSL Stock Price Movement​

On Thursday, Jindal Stainless Limited shares slipped by 0.13% to close at ₹695.05. The stock saw a traded volume of 525,017 during the session.