Praj Industries has informed that the Board of Directors of the Company has appointed Sachin Raole, CFO & President- Finance & Commercial as additional Director in the category of Whole Time Director and has re-designated him as CFO & Director- Finance & Commercial with effect from January 16, 2017; and accepted resignation of Gajanan Nabar, as CEO & MD and also from the directorship of the Company with effect from January 16, 2017.
The above information is a part of company’s filings submitted to BSE.