Jindal Stainless Ltd 46th Annual General Meeting

held its 46th Annual General Meeting on September 2, 2026, with proceedings disclosed under SEBI LODR. On the operational front, the company has embarked on a ₹900 crore investment to expand cold-rolling capacity to 2.67 million tonnes by FY28, and is also raising its coin-blank manufacturing capacity by 20% to 12,000 tonnes per year as demand for non-paper currency grows. For FY26, revenue increased 9% year-on-year to ₹42,955 crore, net profit rose 27% to ₹3,185 crore, and EBITDA grew 19% to ₹5,560 crore, while net debt fell to about ₹3,040 crore as of March 2026. The stock was trading around ₹737–₹739, with a market capitalisation near ₹2.3 lakh crore. ₹900 crore cold-rolling expansion, and a 20% increase in coin-blank capacity to meet rising demand.