Jindal Steel Appoints New Whole‑time Director, Re‑appoints Veteran
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Jindal Steel Limited reshuffled its board on 27 March 2026, adding Debjyoti Roy and re‑appointing Damodar Mittal as whole‑time directors for three‑year terms.
- Board changes: Debjyoti Roy named Additional & Whole‑time Director (effective immediately) and Damodar Mittal re‑appointed as Whole‑time Director (effective the next day); Sabyasachi Bandyopadhyay stepped down at the end of his tenure.
- Term & approval: Both appointments run for a 3‑year term and require shareholder endorsement.
- Roy’s background: 27 years of experience, most recently Chief – Corporate Strategy & Planning at Tata Steel Ltd, with expertise in strategic planning, transformation and M&A.
- Mittal’s background: 37 years with Jindal Steel, joining in 1989; currently oversees Iron Zone operations and major projects such as coke ovens, DRI units and blast furnaces.
- Impact: The reshuffle is purely governance‑related, with no immediate effect on revenue, earnings, or capital structure, and all directors are clear of SEBI debarments.
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