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Jindal Stainless appoints Kunjal Mehta as chief financial officer

#Taxation & Finance News#Infrastructure#India
Synopsis

Jindal Stainless has appointed Kunjal Mehta as its Chief Financial Officer (CFO), effective June 25, 2026, following approval from the company's Board. Mehta succeeds to the role after serving as CFO of Adani Energy Solutions and brings more than 25 years of experience across the steel, power, ports, logistics and technology sectors. He will oversee the company's finance function, including treasury, capital management, financial planning, investor relations, risk management and strategic growth initiatives. The appointment comes as Jindal Stainless continues to expand its operations and strengthen its financial management framework to support long-term growth and capital allocation.

Jindal Stainless has appointed Kunjal Mehta as its Chief Financial Officer (CFO) with effect from June 25, 2026, after receiving approval from the company's Board of Directors. The appointment forms part of the company's efforts to strengthen its leadership team as it continues to pursue business expansion and long-term growth initiatives. 
Mehta joins the stainless steel manufacturer with more than 25 years of experience across the steel, power, ports, logistics and technology sectors. In his new role, he will lead the company's financial strategy and oversee key functions including treasury, capital management, financial planning, investor relations, risk management and strategic growth initiatives. 
Before joining Jindal Stainless, Mehta served as Chief Financial Officer at Adani Energy Solutions Limited. During his career, he has also held senior leadership positions at Adani Electricity Mumbai Limited, Adani Ports & Special Economic Zone Limited and Essar Steel India Limited, gaining experience across infrastructure, utilities and manufacturing businesses. 
A qualified Chartered Accountant and Cost Accountant, Mehta has worked in areas including corporate finance, treasury operations, resource mobilisation, working capital management, financial planning and analysis, investor relations, governance, assurance and enterprise risk management. He has also led finance transformation programmes and managed capital raising initiatives in domestic and international markets. 
Commenting on the appointment, Managing Director Abhyuday Jindal said the company remains focused on strengthening financial discipline and capital management as it advances its long-term growth strategy. He said Mehta's experience in corporate finance, treasury, fundraising and business transformation across large organisations is expected to support the company's financial resilience and future expansion plans. 
Mehta said he was joining the company at an important stage in its growth and looked forward to working with the leadership team to strengthen its financial framework and support its long-term strategic objectives. He noted that Jindal Stainless has established a strong position in the stainless steel sector through its focus on innovation, operational efficiency, sustainability and customer-centric operations. 
The appointment comes as Jindal Stainless continues to expand its manufacturing operations and strengthen its financial and governance framework to support future investments, optimise capital allocation and enhance long-term shareholder value. The company expects the strengthened finance leadership to play a key role in supporting its strategic priorities while maintaining financial discipline amid evolving market conditions.

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