Jindal Stainless Limited has a stainless steel melt capacity of 1.1 million tonnes per annum. A leader and a name synonymous with Enterprise, Excellence and Success, the company’s ethos mirrors most characteristics similar to the metal it produces. Akin to stainless steel, Jindal Stainless Limited is innovative and versatile in its thought process; strong and unrelenting in its operations.
The state-of-the-art unit of Jindal Stainless LImited is located in the eastern part of India, in the state of Odisha. The plant comprises 250,000 tonnes per annum ferro-alloy facilities with world-class technology and equipment sourced from SMS Siemag and Andritz Sundwig. The complex, equipped with a captive power generation facility, is eventually scalable up to 3.2 million tonnes per annum of stainless steel production.
Smt Savitri Jindal, Chairperson Emeritus of the O P Jindal Group, is a former Member of the Legislative Assembly from Hisar Constituency of Haryana. As a Minister, she held the portfolio of Urban Local Bodies in the Government of Haryana. She is a devoted social worker and strives to continuously work towards upliftment of the backward sections of the society through various initiatives like women empowerment, health care, education, and environment. Ms Jindal has been instrumental in launching various housing schemes and computerizations of land records in Haryana.
A Commerce graduate and alumni of Wharton School of Management, Mr Ratan Jindal is the Chairman of India’s largest stainless steel manufacturing group, Jindal Stainless. Part of the USD 25 billion (March'19) OP Jindal Group, the foundation of Jindal Stainless was laid with its incorporation in 1970. Under his stewardship, the Company has grown from a producer of basic stainless steel products to a USD 2.70 billion (March'21) Company providing state-of-the-art stainless steel solutions.
Known for his technical proficiency and intimate knowledge of customers and markets, Mr Jindal is synonymous to stainless steel in India. As a vanguard of innovation in the steel industry, his focus has not only been on producing world-class stainless steel products, but also on promoting the usage of stainless steel in myriad applications. His vision for Jindal Stainless is to improve the lives of people by producing and promoting a metal that is corrosion resistant, durable, infinitely recyclable, and inherently stainless.
Having established the Jindal Stainless facility in Hisar (Haryana, India) as the only specialty stainless steel maker in the country, Mr Jindal set up the Jindal Stainless facility in Jajpur (Odisha, India) in 2011. Today, the two plants employ over 12,000 people, and have a capacity to produce 1.9 million tonnes of stainless steel. The company provides home and kitchen solutions through its subsidiary, JSL Lifestyle Limited. Mr Jindal has expanded the frontiers of Jindal Stainless to reach a global audience. Apart from operations in Indonesia, the company has sales offices and service centres across the globe.
Social commitments remain as central to Mr Jindal’s businesses as they were to the founder of the Jindal Group, Shri OP Jindal. Established in Hisar, by the group, the 600-bedded multi-specialty charitable hospital and the renowned VDJ School (VDJS) and the OP Jindal Modern School stand testimony to this commitment. The group undertakes several initiatives at the plant level to empower local communities through self-reliance. The interventions include technical & vocational training, micro-financing & livelihood generation, tailoring, farming & poultry training, and environment conservation drives.
True to his sportsman spirit, Mr Jindal is a keen golfer and takes avid interest in tennis and cricket.
A Boston University graduate in Economics and Business Management, Mr Abhyuday Jindal has vast experience in the areas of project management, supply chain systems, and strategic & general management. Currently, he is the Managing Director of Jindal Stainless (Hisar) Limited. He is also the Co-Chair for FICCI's Steel Committee.
Mr Jindal started his career with the JSW Group. There, he played a prominent role in the stake acquisition of Ispat Industries and the post acquisition integration of JSW and Ispat. He then moved on to the Boston Consulting Group, where he managed project consultancy for diverse industries, including cement, steel, wind turbines, and auto components. Having gained a deep understanding of the industrial manufacturing arena, Mr Abhyuday Jindal entered the USD 2.70 billion (as of March'21) Jindal Stainless Group as a Management Trainee.
Driven by the ambition to go beyond the ordinary, Mr Abhyuday Jindal took multiple strides for improving supply chain and operational efficiencies. Today, he is shaping Jindal Stainless into a far more dynamic, responsive, predictive, and solution-based organization. As a leader in the stainless steel landscape of the country, Mr Jindal has explored and unlocked new avenues for providing stainless solutions to stakeholders with the vision to improve lives. Helmed by him, the Group has built uncontested market leadership, and made foray into new fields. It was under his stewardship that JSHL bolstered its unique competitive advantage in the manufacturing of special stainless steel grades for nuclear and defence sectors.
Strongly rooted in the Indian soil, Mr Jindal’s community-centric transformational approach has led to the development and sustenance of several empowerment initiatives in and around its production facilities. His signature style has endeared him further among employees. He personifies open and participative management, a consistent culture of dialogue and feedback, and a relentless march towards continuous improvement. Mr Jindal also serves as the Vice President of the Infrastructure Industry and Logistics Federation of India, endeavoring to forge stronger and wider public-private partnerships.
Nominee Director - State Bank of India
Mr. Parveen Kumar Malhotra is a Science graduate from Punjabi University and Certified Associate of Indian Institute of Bankers. Mr. Malhotra has also done Masters in Financial Management from Jamnalal Bajaj Institute of Management Studies, University of Mumbai.
Mr. Parveen Kumar Malhotra joined State Bank of India (“SBI”) in 1978 as Probationary Officer and retired as Dy. Managing Director, heading Stress Asset Management Group in August 2015. During the course of his engagement with the India’s largest Bank & PSU SBI, he carried out multifarious assignments in positions of high responsibility around the Country and abroad. He honed his skills in International Finance and Operations as Head of Syndication in Bahrain and then as CEO of State Bank’s operations in Singapore.
Core competencies of Mr. Malhotra include Project Finance, funding of Large Corporates and resolution of Stressed Industrial Assets. Mr. Parveen Kumar Malhotra has been part of policy making committees in SBI as also Reserve Bank of India. He has represented SBI in quite a few infrastructure related groups/task forces constituted by Government of India and other bodies. He has also served on Boards of Investment and Manufacturing Companies in the past.
Ambassador Bhaswati Mukherjee (DIN: 07173244), aged 68 years, is a post graduate (First Class) in History from Delhi University and has a Degree (Superior) in French History and Civilization from Sorbonne University, France. Ms. Mukherjee joined the Indian Foreign Service in 1976 and was India's Ambassador to UNESCO, Paris, from 2004 to 2010 and subsequently, India's Ambassador to the Netherlands, The Hague from 2010 to 2013.
She completed FICCI's course on 'Woman and Corporate Governance'. She successfully cleared with distinction Ministry of Corporate Affairs online proficiency test for Independent Directors in October 2020.
She has served as Independent Director in Sona BLW Precision Forgings Ltd. till August 2019. Apart from Petronet LNG Limited, she is presently an Independent Director 0n the Board of JK Lakshmi Cement and Udaipur Cement.
Ms. Mukherjee worked successfully on Indentured Labour Route Project for UNESCO and Government of Mauritius. . She has been a senior consultant to MGIEP, UNESCO and DFID.
A prolific writer, she has authored 3 books. 'India and EU: an Insider View' commissioned by Indian Council of World Affairs, a leading Indian think tank and published in August 18 in English and Hindi is a best seller. Her second book, also a best seller was ‘India and EU in a Turbulent World’ was published by Palgrave Macmillion in2020. Her latest book, 'Bengal and its Partition: an Inside Story' published by Rupa and released in March 21, is a global best seller. She is currently writing on “Indenture and its Route: a Relentless Quest for Identity” for Rupa Publications.
She has also published over 100 articles, columns reports and monographs in leading national and international publications.
A natural orator, Ms. Mukherjee is a political commentator on TV on Indian Culture and Civilization, the India EU relationship, Brexit, India's interests in the Indo Pacific, the Chemical Weapons regime, nuclear issues and the changing contours of India's Foreign Policy, apart from security issues of concern to India.
Ms. Mukherjee has participated in briefings, seminars, round tables on questions relating to India and the EU, India and its neighbours, the United Nations Human Rights Programme, the human rights of women and the girl child as well as issues relating to UNESCO's areas of competence, particularly in Education and Culture.
A post graduate in International Relations from the Jawaharlal Nehru University, Delhi, Ms Luniya has 38 years of rich experience in the steel industry. Being an effective strategist, Ms Luniya has worked across various functions in the Steel Authority of India Ltd.(SAIL). From corporate communications, marketing and sales, to coal procurement and risk management, Ms Luniya has rare insights into the supply chain and lifecycle of products in the steel industry. Additionally, she was also an Advisor to Evidence for Policy Design (EPoD) at Harvard Kennedy School of Public Policy. She has been associated with Jindal Stainless since July 2018.
Mr Jayaram Easwaran, an alumnus of the Indian Institute of Management, Bangalore (IIM-B), has over three decades of leadership experience across various functions in global corporates. These include heading Corporate Marketing at the Eicher Group, HR at Sutherland Global Services and Tality India, Corporate Planning and Communications at Aricent Inc, and serving as the Joint MD and CEO at Maadhyam Advertising.
A well-known management consultant and speaker, he has also been a winner of the National Competition for Young Managers by Business India and AIMA. Mr Easwaran is also the author of ‘Inside the C-Suite’ published by Harper Collins.
Whole Time Director
Mr Tarun Kumar Khulbe is an engineering graduate from MITS, Gwalior and MBA from JBIMS, Mumbai. He possesses over 25 years of experience in the field of plant operations and projects. He has been associated with organizations such as Raymond steel, EBG India, ThyssenKrupp Elec Steel, and Bhushan Steel & Strips Ltd.
Dr. Rajeev Uberoi is a career Banker with specialization in the area of Governance, Legal, Compliance and Control. He was CEO of IDFC Holding Finance Co. Ltd. and held senior responsibilities in various Banks as General Counsel, Group Head Audit (IDFC Bank Ltd.), Group Senior President, Governance and Control (Yes Bank). Earlier, he had worked with several domestic and multinational banks such as Standard Chartered Bank, Union Bank of India, State Bank of India, Reserve Bank of India as Asst. General Manager, Dept. of Banking Supervision, Citibank as Vice President & Regulatory Head; ANZ Grindlays Bank as Head- Risk Management & Compliance – India. Dr. Uberoi is also a profound writer and has a lot of publications to his credit. He is also a member of various Committees and has been active on the Speaker circuit. He is a recipient of many accolades and awards and his contribution to the legal fraternity has been recognized in the Industry.
Dr. Uberoi is a lawyer and a Canadian Commonwealth Scholar with a Masters from McMaster University and a Ph.D. in Economics. He also possesses a Post Graduate Diploma in Business Administration from the Management Development Institute (MDI). He was also on the Board of MPCON Limited, IFCI Infrastructure Development Limited, Asian Hotels North and NICDC Haryana Global City Project Limited. He has been a senior advisor to Shardul Amarchand Mangaldas, Unity Small Finance Bank, Bridgewater Tech Ltd. UK, Faarm Global Venture Pte Singapore etc and on the Board of Auvionpro Payment Solutions Pvt. Ltd., IL&FS Mutual Fund (IDF), Exclusive Finance Ltd. etc. Dr. Uberoi has been mentoring many startups especially in the area of Digital Financing, Governance and Control.
Executive Director & Group CFO
A Business Strategy & Finance professional, Mr. Anurag possesses a versatile experience of 3 decades. With a consistent track record in exponential Enterprise Value creation, driving profitable growth with best-in-class Corporate Governance & Investors Relations across various industry sectors, he is one of the most revered names in the industry. Having led diverse industries, viz oil & gas, IT services, renewables, metals, infra, financial services, and management consultancy, his prudence in financial practices & business processes with special focus on ESG goals is ingenious.
Before joining Jindal Stainless, Mr. Mantri served in numerous leadership roles. Right from Schneider, Cairn, SRF, HCL Technologies to L&T, he sailed all the boats, big and small, to the shore of success. By sheer financial prowess and governance standards, Mr. Mantri has been instrumental in driving a nearly three to five-fold jump in the valuations during his tenures within various organizations.
For someone who has worked in fairly diverse organizational settings, from start-ups to MNCs and everything in between, flexibility in methodology and a firm conviction in goals become inseparable to the person. And, Mr. Mantri is undoubtedly one of them.
Best described as a cyclist & scuba diver by enthusiasm. Mr. Mantri is not just a dedicated professional, but also a devoted adventure sports lover.
Ms. Shruti Shrivastava (née Kanodia), holds a B.A. LL.B. (Hons.) degree from National Law School of India University, Bengaluru with a gold medal. She is a practicing corporate lawyer with approximately 15 years of experience. She started her career with S&R Associates, New Delhi and then moved on to Shardul Amarchand Mangaldas, New Delhi where she was a partner in the corporate and M&A practice since 2016. She has significant experience in general corporate advisory including senior management employment, mergers & acquisitions, private equity and venture capital transactions, debt and equity financing for both listed and unlisted companies and restructuring of businesses. She is currently leading Sagus Legal, a legal advisory firm. She was recognised among the “Promising Women Leaders” of 2022 by Economic Times and Femina. She also featured in the list of “Future Legal Leaders” published by India Business Law Journal in 2022.