Praj Industries Limited Appoints Sachin Raole as Joint Managing Director and CFO
Praj Industries Limited has announced the appointment of Mr. Sachin Raole as a Joint Managing Director and Chief Financial Officer. This appointment was approved by Members through Postal Ballot.Mr. Raole is set to join the company effective April 30, 2026, with a tenure spanning five years, until April 29, 2031. He holds the designation of Joint Managing Director and CFO and will not be liable to retire by rotation during this period.
The appointment comes after Mr. Raole was identified for the role. As detailed in the company records, he brings extensive expertise to the position.
Profile of Mr. Sachin Raole
Mr. Sachin Raole is a Cost Accountant and Chartered Accountant with 31 years of experience spanning various fields within finance and accounts. His professional background encompasses specialized work in divestment, financial restructuring, treasury, taxation, mergers and acquisitions (M&A), and general accounts management.His experience is deeply rooted across diverse sectors including manufacturing, project-based businesses, financial services, and the pharmaceutical industry. Furthermore, Mr. Raole possesses exposure to senior roles across Human Resources, materials management, IT, legal affairs, and secretarial functions.
Key details of the appointment are summarized below:
| Detail | Specification |
|---|---|
| Name | Mr. Sachin Raole (DIN: 00431438) |
| Designation | Joint Managing Director & Chief Financial Officer |
| Effective Date | April 30, 2026 |
| Term of Appointment | Five years until April 29, 2031 |
| Professional Credentials | Cost Accountant and Chartered Accountant |
| Experience | 31 years in finance and accounts |
PRAJIND Stock Price Movement
Praj Industries Limited shares are currently edging up to ₹342.2 as of 1:09 PM, having climbed by 0.63% in the live market trading session. The equity has managed a tight intraday range so far today, with prices fluctuating between a low of ₹339.1 and a high of ₹343.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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