Praj Industries has informed that the Company has acquired a further stake of 20% in its subsidiary Praj HiPurity Systems Limited ‘ Formerly known as Neela Systems Limited’ for approximately Rs 35.70 Crore. With this, Praj HiPurity Systems Limited has become a Wholly Owned (i.e. 100%) Subsidiary of the Company.
The above information is a part of company’s filings submitted to BSE.