JTL Industries Limited, a leading steel tube manufacturer, has achieved a significant milestone in its global expansion journey. The company has been awarded the coveted 'Three Star Export House' status by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India.

Recognition and Validity

The Three Star Export House accreditation, granted to JTL Industries (IEC: 2295000203, PAN: AAACJ8505G), is valid for a five-year period from September 4, 2025, to September 4, 2030. This prestigious recognition underscores the company's consistent and substantial contributions to India's export performance.

Implications of the Status

The Three Star Export House status reflects JTL Industries' robust export capabilities and adherence to stringent quality and compliance standards. This accreditation is expected to enhance the company's credibility and competitiveness in the global marketplace.

Benefits and Opportunities

As a Three Star Export House, JTL Industries will enjoy several benefits under the Foreign Trade Policy, including:

• Faster customs clearances
• Access to various export promotion schemes
• Easier facilitation for international trade operations

These advantages are anticipated to accelerate JTL's global business expansion, enabling the company to better serve its international customers and achieve higher export volumes.

Management's Perspective

The management of JTL Industries expressed their pride in receiving this recognition, stating, "We are honored to receive the 'Three Star Export House' recognition from the Directorate General of Foreign Trade. This milestone reflects our consistent commitment to global standards, quality excellence, and expanding India's footprint in international markets. We believe this status will further strengthen our export capabilities and open new avenues for strategic growth."

Company Profile

JTL Industries Limited is a rapidly growing steel tube manufacturing company specializing in:

• ERW Black Pipes
• Pre-Galvanized and Galvanized Steel Pipes
• Large diameter tubes and pipes
• Hollow structures

The company's manufacturing facilities are strategically located in Punjab, Maharashtra, and Chhattisgarh, with a cumulative pipe manufacturing capacity of approximately 936,000 MTPA. Additionally, JTL Industries has a backward integration capacity of about 300,000 MTPA.

As a recognized Star Export House, JTL Industries offers a diverse range of products including GI Pipes, MS Black Pipes, Hollow-sections, and Solar Structures, catering to various industrial and infrastructural applications. The company provides these products in hot dip galvanized, pre-galvanized, and uncoated (MS black) grades.

This latest achievement is expected to bolster JTL Industries' position in the global market and contribute to its continued growth and success in the steel tube manufacturing sector.

JTL Industries Limited, a prominent player in the manufacturing sector, has announced significant changes in its leadership and strategic partnerships. The company's board meeting on September 11 resulted in key decisions that are set to shape its future direction.

Leadership Transition in Finance Department

JTL Industries has undergone a change in its top financial leadership. Mr. Atul Garg has stepped down from his position as Chief Financial Officer (CFO), effective from the close of business hours on September 11. In a swift transition, the company has appointed Mr. Naveen Kumar Laroiya as the new CFO, taking over from Mr. Garg on the same day.

Mr. Laroiya brings a wealth of experience to his new role, with a career spanning 35 years across diverse geographies including India, Nepal, and Egypt. His expertise covers a wide range of sectors, including manufacturing, financial services, and multinational corporate environments. Throughout his career, Mr. Laroiya has been associated with prominent groups such as Aditya Birla, Paul Merchants, and Dhunseri Petrochem.

The new CFO's skill set is particularly noteworthy, encompassing areas such as:

• Corporate finance
• Audit and compliance
• Management Information Systems (MIS)
• Business restructuring
• Liaison with regulatory bodies

Mr. Laroiya's appointment was made pursuant to Section 203 of the Companies Act, 2013, and upon the recommendation of the Nomination and Remuneration Committee of the company.

Strategic Partnership for E-Auction Participation

In a move that signals JTL Industries' ambition for growth and expansion, the board has approved entering into a Joint Bidding Agreement with Nalwa Steel and Power Limited. This partnership aims to facilitate joint participation in an upcoming e-auction organized by the Securities and Exchange Board of India (SEBI).

Key details of the agreement include:

This strategic collaboration could potentially open new avenues for JTL Industries, leveraging the combined strengths of both companies in the auction process.

Implications for JTL Industries

These developments reflect JTL Industries' proactive approach to both internal management and external opportunities. The appointment of Mr. Laroiya as CFO, with his extensive experience in finance and commercial operations, may bring fresh perspectives to the company's financial strategies. Meanwhile, the joint bidding agreement with Nalwa Steel and Power Limited demonstrates JTL's willingness to explore collaborative ventures that could enhance its market position.

As JTL Industries navigates these changes, stakeholders will be keenly watching how these moves translate into the company's operational and financial performance in the coming quarters.

The board meeting that resulted in these decisions commenced at 02:00 PM and concluded at 07:00 PM on September 11, marking a significant day in JTL Industries' corporate calendar.