JSL

Jindal Stainless Limited

NSE
Last Traded Price
₹721 17.65 (2.51%)
Open
₹705
High
₹723
Low
₹700
Prev Close
₹703.35
Industry
Iron & Steel
Market Cap
59440.65 Cr

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Filing History

Recent corporate announcements and filings for JSL

Business Update Positive
2026-07-09 18:13
- Jindal Stainless' Hisar and Jajpur units won multiple CII National Awards for energy efficiency and low-carbon initiatives. - The company implemented over 200 energy efficiency projects over the last four years. - Achieved a cumulative emissions reduction of over 1.05 million tCO₂e across its units.
Governance Positive
2026-06-25 15:45
- Jindal Stainless appointed Mr. Kunjal Mehta as Chief Financial Officer (CFO) effective June 25, 2026. - Mr. Mehta, with over 25 years of experience, previously served as CFO at Adani Energy Solutions Limited. - He will lead the company's financial strategy, growth, and value creation.
Routine Neutral
2026-06-25 14:44
New Filing detected. See link for details.
Governance Neutral
2026-06-25 14:18
- On June 25, 2026, the Board appointed Mr. Kunjal Mehta as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective immediately. - Mr. Tarun Kumar Khulbe relinquished his additional CFO responsibility but continues as CEO & Whole-time Director. - PT Glory Metal Indonesia has been re-classified from a subsidiary to an associate of the Company effective July 1, 2026, due to restoration of its original governance framework.
Governance Neutral
2026-06-25 14:18
- Board of Directors appointed Mr. Kunjal Mehta as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 25, 2026. - Mr. Tarun Kumar Khulbe relinquished his additional responsibility as CFO but continues as CEO & Whole-time Director. - PT Glory Metal Indonesia was re-classified from a subsidiary to an associate, effective July 1, 2026, restoring its original governance framework without altering economic rights or strategic objectives.
Governance Neutral
2026-06-25 14:14
- Board approved appointment of Mr. Kunjal Mehta as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 25, 2026. - Mr. Tarun Kumar Khulbe relinquished his additional CFO responsibility, continuing in his position as CEO & Whole-time Director. - PT Glory Metal Indonesia was re-classified from a subsidiary to an associate of the Company with effect from July 1, 2026, with the company stating no alteration to its shareholding interest, economic rights, commercial arrangements, or strategic objectives.
Governance Neutral
2026-06-25 14:14
- Board appointed Mr. Kunjal Mehta as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 25, 2026. - Mr. Tarun Kumar Khulbe relinquished CFO responsibility, continuing as CEO & Whole-time Director. - PT Glory Metal Indonesia re-classified from a subsidiary to an associate effective July 1, 2026, reinstating original JV governance framework.
Governance Neutral
2026-06-25 14:14
- Mr. Kunjal Mehta appointed as Chief Financial Officer (CFO) and KMP effective June 25, 2026. - Mr. Tarun Kumar Khulbe, CEO & Whole-time Director, relinquished additional CFO responsibility, continuing as CEO & Whole-time Director. - PT Glory Metal Indonesia re-classified as an associate from July 1, 2026, restoring its original governance framework without altering shareholding or strategic objectives.
Ownership Positive
2026-06-23 17:36
- On June 23, 2026, Jindal Stainless Limited approved the grant of 39,608 stock options (19,804 ESOPs and 19,804 RSUs) under its Employee Stock Option Scheme, 2023. - ESOPs are priced at ₹349/- (50% discount to June 19, 2026 market price), and RSUs at face value of ₹2/-. - Options are exercisable over four years post vesting.
Routine Neutral
2026-06-23 17:16
- Jindal Stainless Limited announced the closure of its Trading Window. - Effective from July 1, 2026, in accordance with SEBI PIT Regulations. - The window will remain closed until the second trading day after the declaration of financial results for the quarter ended June 30, 2026.
Business Update Neutral
2026-06-16 17:50
- Investors' Meet Scheduled - Investor: 360 One - Date: June 19, 2026 - Mode: Virtual
Business Update Neutral
2026-06-08 19:03
- Investors' Meet Schedule - Event: 2026 Jefferies India Access Days - Date: Thursday, June 11, 2026 - Location: London
Business Update Neutral
2026-06-03 15:34
- Concall Schedule - Event: The India Investor Conference 2026 hosted by ICICI Securities - Concall Date: Monday, June 08, 2026 - Place: Mumbai
Governance Positive
2026-06-01 17:14
Jindal Stainless Limited announced the appointment of Mr. Kunjal Mehta as Senior Management Personnel, effective June 1, 2026. Mr. Mehta, a qualified CA and Cost Accountant with over 25 years of experience, including as CFO of Adani Energy Solutions Limited, will have his candidature for Chief Financial Officer considered by relevant committees.
Business Update Neutral
2026-05-25 17:54
Jindal Stainless Limited announced its management will participate in the 360 ONE Capital (B&K) Annual Investor Conference - TRINITY INDIA 2026 on Friday, May 29, 2026, in Mumbai.
Business Update Positive
2026-05-15 16:28
Jindal Stainless Limited submitted a Corporate Presentation dated May 2026, highlighting its operational and financial performance. As of March 31, 2026, the company reported ~₹430bn in net revenue and ~₹56bn in EBITDA, with healthy net debt to equity/EBITDA ratios of 0.2x/0.5x. The presentation emphasizes its position as India's #1 and global #5 (ex-China) stainless steel producer with a 4.2 MTPA capacity, a diverse product portfolio, and robust manufacturing facilities across Odisha (2.2 MTPA) and Hisar (0.8 MTPA).
Business Update Neutral
2026-05-13 17:41
Jindal Stainless Limited announced that its management will participate in the Motilal Oswal - Annual Singapore Corporate Day 2026 on May 18-19, 2026, in Singapore, for an investors' meet.
Business Update Neutral
2026-05-13 17:41
Jindal Stainless Limited announced its management will participate in the Motilal Oswal - Annual Singapore Corporate Day 2026 on May 18-19, 2026, in Singapore, to meet with investors.
Business Update Positive
2026-05-11 14:15
Jindal Stainless' Hisar plant achieved Zero Waste to Landfill (ZWTL) certification with a Platinum+ rating, verified by Bureau Veritas India Pvt. Ltd. The facility recorded a 99.99% waste diversion rate during FY 2024-25, reinforcing the company's commitment to environmental responsibility and sustainable manufacturing.
Business Update Positive
2026-05-09 13:46
Jindal Stainless Limited (JSL) provided an outlook for FY27, guiding for 7-9% volume growth and an EBITDA per ton of INR18,000-20,000 for H1 FY27, with a review planned thereafter due to cost uncertainties. The company targets a sales volume of 3.5 million tons per annum by FY29, driven by strategic capacity expansions. Capex for FY27 is guided at INR2,600 crores. Key growth drivers include robust domestic demand from sectors like automotive, metro, and infrastructure, with stainless steel demand in passenger coaches and metro projects expected to jump 2-3x over the next 3-4 years. JSL commissioned a 1.2 MTPA melt shop in Indonesia ahead of schedule and plans further cold rolling capacity augmentation in India (INR900 crores investment). The company's consolidated net debt reduced to INR3,040 crores, improving its debt-to-EBITDA and debt-to-equity ratios. JSL is addressing challenges like geopolitical disruptions, increased fuel costs, and the temporary suspension of QCO by diversifying energy sources and expanding market reach into new export markets. A final dividend of INR3 per share was recommended for FY26.

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