Jindal Stainless has appointed Mr. Kunjal Mehta as its new Chief Financial Officer (CFO), effective June 25, 2026. With over 25 years of experience in finance across sectors like steel, power, and technology, Mr. Mehta will lead the company’s financial strategy. He brings extensive expertise in corporate finance, treasury, and business transformation, aiming to further strengthen the company’s financial foundation and support its growth objectives.
Leadership Enhancement at Jindal Stainless
Jindal Stainless, a leading stainless steel manufacturer, announced today, June 25, 2026, the appointment of Mr. Kunjal Mehta as its new Chief Financial Officer (CFO). This strategic appointment, approved by the Board, marks a significant step in bolstering the company’s financial leadership as it pursues its next phase of growth and expansion.
Experienced Financial Professional Joins
Mr. Mehta is a seasoned finance professional with over 25 years of experience across diverse sectors including steel, power, ports and logistics, and technology. In his role as CFO, he will be responsible for overseeing the company’s entire finance function, encompassing treasury, capital management, financial planning, investor relations, risk management, and strategic growth initiatives. His expertise is expected to play a pivotal role in driving value creation for the company.
Management’s Confidence
Commenting on the appointment, Managing Director, Mr. Abhyuday Jindal, stated, “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.”
Background and Expertise
Prior to joining Jindal Stainless, Mr. Mehta held significant leadership positions, including serving as Chief Financial Officer at Adani Energy Solutions Limited. His career also includes senior roles 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 possesses extensive experience in corporate finance, resource mobilisation, treasury, working capital management, financial planning, and investor relations. He has successfully led numerous financial initiatives in both domestic and international markets.
Mehta’s Enthusiasm
Expressing his enthusiasm for joining the company, Mr. Kunjal Mehta remarked, “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.”
About Jindal Stainless
Jindal Stainless is India’s premier stainless steel manufacturer. As of FY26, the company reported an annual turnover of INR 42,955 crore (USD 4.86 billion) and is actively expanding its facilities to achieve a melt capacity of 4.2 million tonnes by FY27. The company operates 16 stainless steel manufacturing and processing facilities globally, including in Spain and Indonesia, and maintains a worldwide network spanning 12 countries. As of March 2026, Jindal Stainless has ten sales offices and six service centres across India.
Source: BSE
