Jindal Steel Limited has announced that its Chief Executive Officer (CEO), Gautam Malhotra, will step down from his position with effect from July 15, 2026.

His resignation comes shortly after another senior executive departure. Earlier this month, Pankaj Malhan, Head of Sales and Marketing, also resigned from the company, effective June 30, citing personal commitments. 

In his resignation letter to the company's Chairman and Board of Directors, Malhotra thanked the leadership team and employees for their trust and support during his tenure. The company has not yet announced his successor.

Malhotra, who joined Jindal Steel in May 2024, was elevated to the CEO position in October 2025, ending a five-year period during which the company operated without a designated chief executive. His appointment was seen as part of the company's efforts to strengthen professional management and accelerate its growth strategy.

Jindal Steel, part of the OP Jindal Group, is among India's largest integrated steel producers with operations spanning steel manufacturing, mining and infrastructure. The company has been expanding its production capacity while pursuing low-carbon steelmaking initiatives and operational efficiencies.