NSEResignation11 Jul 2026 · 11 Jul 2026, 06:21 pm

Resignation

JINDAL STEEL LIMITED · JINDALSTEL

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Jindal Steel Limited has informed the exchange about the resignation of Mr. Gautam Malhotra as the Chief Executive Officer (CEO) of the company, effective July 15, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

JINDAL STEEL LIMITED has informed the Exchange regarding Resignation of Mr Gautam Malhotra as Chief Executive Officer of the company w.e.f. July 15, 2026.

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JINDALSTEL_11072026182053_stx_signed.pdf

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July 11, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, 1st Exchange Plaza, 5th Floor, Floor, New Trading Ring, Rotunda Plot No. C/1, G Block Building, P J Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051 corp.relations@bseindia.com cmlist@nse.co.in Scrip Code: 532286 Symbol: JINDALSTEL Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 In compliance with Regulation 30 read with Schedule III, Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), this is to inform that Mr. Gautam Malhotra, Chief Executive Officer, will no longer be in the services of the Company, with effect from the close of business hours on July 15, 2026. Details as required under Regulation 30(6) read with Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed. Kindly take the above intimation on record. Thanking You. Yours faithfully, For Jindal Steel Limited (formerly known as Jindal Steel & Power Limited) Damodar Mittal Wholetime Director Encl.: as above DISCLOSURE OF INFORMATION PURSUANT TO REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 READ WITH SEBI CIRCULAR NO. SEBI/HO/CFD/POD-2/CIR/P/0155 DATED NOVEMBER 11, 2024 Sl. Details of event required to be disclosed Information of such event(s) 1. Name Mr. Gautam Malhotra 2. Reason for change viz. appointment, re- Resignation appointment, resignation, removal, death or otherwise. 3. Date of appointment / reappointment/ July 15, 2026 cessation (as applicable) & term of appointment / re-appointment; 4. Brief profile (in case of appointment) Not Applicable 5. Disclosure of relationships between Not Applicable directors (in case of appointment of a director) TheC hairman BoardD iorfe ctors JinadSlte eLilm ited ThrouCgohm:p aSecnrye tary SubjMeocvti:On ng DeaSri, r Thihsa rse rfeecen too uorgn onigd icusssi oonnt haefo remenstbuijoencetd. Ih eresbuyb mmiyret q uets obter elifreovmtee h ds erv oiftc h eCesopmanduye t op esronal commitImm eanbyte rs e.l ioe fmvy deudt iweiste hffet cfr om thcel oofs buesi ness ohn 1o5u rs Ju2l0y2 6. Srevni gthCeom pahnay bse ena p rviilaengdIea ,mg ratetfuhyloe u atdnot h Beoaorfd Direcfotr tohrtesrst a un dc ofindenplcaec eidmn e d ruimnyg t enIus rien.c ereltyteh ea pprecia guidaannscdpue po rextt enbd yeydo ugrod osetlhBfeoa, r od fD irecmty coorlsl,e aagntudhe es , entiJrienS dteeal tle am. Ovethr ec omign dayIsw ,i leln saus mroeoh ta ndo rderloyno f tm ryra ensspiotnis sanidb ilitie provalli nedcee sssuaprpytoo far citl itthhaeat ned porvoecre ss. Iw isJnhid Satele clo ntisuncuc eaedns g dsroiwttnehh y eraash ead. Thanky ooun caeg afironth eo pporttosu enritvthCeyeo mpany. Yosus rincere!)'. hi exfe cuOtfifivcee r JinSdtaeLlei lm ited