New Delhi, Oct. 28 -- Billionaire Naveen Jindal-owned Jindal Steel Ltd appointed Gautam Malhotra as its chief executive officer on Tuesday, while it reported below-expectations second-quarter earnings.

Malhotra, who joined the company in May 2024, has been elevated as CEO with effect from 28 October, the company said in an exchange filing alongside its September-quarter earnings statement. Malhotra has since worked with the steelmaker's mining, production, HR, logistics, technology, AI adoption and sales verticals.

Since joining, he has been involved with the company's commercial and logistics strategy.

Malhotra comes from outside the steel industry and is a former entrepreneur and operations specialist. Before joining the company, he ...