Jindal Stainless Ltd (JSL), India’s largest stainless steel producer, has announced the resignation of its Executive Director and Group Chief Financial Officer (CFO), Anurag Mantri.
The company disclosed this development in a regulatory filing on March 21, 2025. Anurag’s resignation will take effect at the close of business hours on April 4, 2025.
This decision marks a significant transition for JSL. Anurag has been a crucial figure in shaping the company’s financial and strategic operations.
According to the regulatory filing, Anurag Mantri has decided to step down to explore new professional opportunities.
The company has not disclosed specific details about his future plans.
However, the announcement has triggered discussions within the industry regarding the potential impact of his departure on JSL’s operations and leadership.
Anurag Mantri’s Contributions to Jindal Stainless
Anurag Mantri joined Jindal Stainless with a wealth of experience in finance and strategy, having worked across diverse industries.
He is a qualified Chartered Accountant from the Institute of Chartered Accountants of India (ICAI). Anurag possesses over 25 years of professional experience.
Before joining JSL, he held leadership roles at prominent organizations, including Schneider Electric Infrastructure Limited, ACME Group Solar, HCL Technologies, and Larsen & Toubro.
During his tenure at JSL, Anurag played a pivotal role in driving the company’s financial performance and strategic initiatives.
His leadership was instrumental in navigating the company through challenging market conditions and enhancing its global competitiveness.
Anurag’s contributions have been widely recognized, with Forbes featuring him as a “New Age CFO.”
Transition and Future Plans
Jindal Stainless has yet to announce a successor for the CFO position. The company is expected to initiate a search for a suitable candidate to fill this critical role.
In the interim, JSL’s leadership team will likely oversee the transition to ensure continuity in financial operations.
The resignation comes at a time when JSL is focusing on expanding its market presence and strengthening its position as a global leader in stainless steel production.
Industry experts believe that the company will prioritize finding a successor who can build on Mantri’s legacy and drive its growth strategy forward.
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