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Jindal Steel names Gautam Malhotra CEO
Mint Chennai
|October 29, 2025
B illionaire Naveen Jindalowned Jindal Steel Ltd appointed Gautam Malhotra as its chief executive officer on Tuesday, while it reported below-expectations second-quarter earnings.
Malhotra, who joined in May 2024, has been elevated as CEO with effect from 28 October, the company said in a filing. Malhotra comes from outside the steel industry and is an operations specialist. He founded FuelBuddy, a doorstep fuel delivery company that now operates in five countries.
According to Satyadeep Jain, lead analyst for cement, metals, mining & utilities at Ambit Capital, the new CEO's skills will be watched, given his nonsteel background.
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