Jindal Stainless strengthens leadership team, appoints Mr Kunjal Mehta as CFO

Jindal Stainless, India's leading stainless steel manufacturer, has appointed Mr Kunjal Mehta as its Chief Financial Officer (CFO), effective from June 25, 2026 following the approval by the Board in Delhi today. A seasoned finance professional with over 25 years of experience across sectors, including steel, power, ports and logistics and technology, Mr Mehta will lead the company's financial strategy and play a key role in its next phase of growth, expansion, and value creation.

As CFO, Mr Mehta will oversee the company's finance function, including treasury, capital management, financial planning, investor relations, risk management, and strategic growth initiatives.

Commenting on the appointment, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, said: "As Jindal Stainless continues to strengthen its leadership position and pursue its long-term growth strategy, financial stewardship and disciplined capital management remain critical priorities. Kunjal brings deep expertise across corporate finance, treasury, fundraising, and business transformation, along with a strong track record of value creation in large and complex organisations. I am confident his leadership will further strengthen our financial resilience and support our upward trajectory in the manufacturing business."

Prior to joining Jindal Stainless, Mr Mehta served as Chief Financial Officer at Adani Energy Solutions Limited. Over the course of his career, he has held senior leadership positions at Adani Electricity Mumbai Limited, Adani Ports & Special Economic Zone Limited, and Essar Steel India Limited.

A qualified Chartered Accountant and Cost Accountant, Mr Mehta brings extensive experience in corporate finance, resource mobilisation, treasury and working capital management, financial planning and analysis, investor relations, governance, assurance and risk management. He has led several financial initiatives across domestic and international markets and driven finance transformation programmes across large organisations.

Expressing keen interest about joining Jindal Stainless, Mr Kunjal Mehta said: "I am delighted to join Jindal Stainless at a defining stage in its growth journey. The company has built 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 further strengthen the company's financial foundation, and support its long-term strategic objectives."

Shares of Jindal Stainless Limited was last trading in BSE at Rs. 695.10 as compared to the previous close of Rs. 694.85. The total number of shares traded during the day was 8939 in over 384 trades.

The stock hit an intraday high of Rs. 698.95 and intraday low of 689.10. The net turnover during the day was Rs. 6202985.00.

Source : Equity Bulls

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JindalStainless INE220G01021 Appointment CFO