Praj Industries Limited Board Approves Postal Ballot for Joint Managing Director Appointment
Praj Industries Limited announced that its Board of Directors, during a meeting held on April 28, 2026, approved the issuance of a Postal Ballot Notice. This notice is designed to seek shareholder approval for a key executive appointment within the company.The Board’s decision paved the way for the appointment of Mr. Sachin Raole (DIN: 00431438) to the role of Joint Managing Director and Chief Financial Officer of Praj Industries Limited.
The approved appointment of Mr. Sachin Raole is set for a period of five years. His tenure will commence on April 30, 2026, and will remain effective until April 29, 2031.
The company is proceeding with the necessary arrangements to ensure the shareholder body can cast its vote on the proposed appointments.
PRAJIND Stock Price Movement
As of 12:41 PM, shares of Praj Industries Limited are shedding 1.95% in live trading, currently sitting at ₹395.5. This selling wave is accompanied by significant interest, as the stock records a total volume of 781,355 shares.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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