Praj Industries has announced the appointment of Mr. Sachin Raole as the Joint Managing Director and Chief Financial Officer (CFO) of the company. The decision was approved by the Board of Directors during their meeting on 28th April 2026.
Mr. Raole, who holds the Director Identification Number (DIN) 00431438, will commence his role on 30th April 2026. His tenure is set for a period of five years, concluding on 29th April 2031. This strategic appointment aims to bolster the company’s leadership team as it continues to pursue growth and innovation in its operations.
The company has indicated that a Postal Ballot Notice will be filed with the relevant exchanges in due course, seeking shareholder approval for Mr. Raole’s appointment. This step is part of the formal process to ensure compliance with corporate governance norms and to secure the necessary endorsements from stakeholders.
Praj Industries, known for its focus on sustainable solutions and advanced technologies, continues to strengthen its executive team with experienced professionals like Mr. Raole, who is expected to contribute significantly to the company’s strategic initiatives and financial management.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).