Rahul Gujar appointed Business Head and designated Senior Management Personnel
The Board has approved the appointment of Mr. Rahul Gujar as Business Head, designated as Senior Management Personnel, effective October 1, 2026.
- Appointee Name
- Mr. Rahul Gujar
- Position
- Business Head, Senior Management Personnel
- Effective Date
- October 1, 2026
- Industry Experience
- 20 years in stainless-steel industry
- Previous Role
- President and Business Head at Jindal Saw Ltd (Stainless Steel Division)
What was announced
On the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Rahul Gujar as Business Head, designated as a Senior Management Personnel (SMP), with effect from October 1, 2026. As he is in full-time employment of the Company, no fixed term of appointment applies.
Background of the appointee
- 20 years of experience in the stainless-steel industry.
- Qualified Mechanical Engineer from MIT Pune; MBA from CMRD College, Pune University.
- Previously associated with Tubacex Services Solution, Ametek Instruments and Sandvik Materials Technology.
- Last assignment with Jindal Saw Ltd (Stainless Steel Division) as President and Business Head, where responsibilities included formulating strategy for growth over the next 5-10 years, a profit turnaround from loss-making to healthy EBITDA and PBT in 2025-26 and YTD 2026-27 Q1, and moving the division from bottom to Top 2 players in the market.
- Operational and marketing milestones cited include being the first and only company in India supplying Ni Alloy API and Welded Pipes, largest diameter pipe making (108" in SS against nearest competition of 72"), coil tube development and high specialised tubes for niche segments.
What it means for investors
This is a leadership appointment in the operating business rather than a change in financial position. There is no related-party relationship with directors. Investors typically watch such appointments for signals on business strategy and execution focus in the stainless-steel segment.
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More numbers
- Industry experience of appointee20 years
- Strategy horizon at previous employer5-10 years
- Largest diameter SS pipe made108"
- Nearest competition pipe diameter72"
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