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Praj Industries has informed that based on the approval of the Board at its 179th meeting held today, the Company has decided to form Wholly Owned domestic Subsidiary Company (Public Ltd. Company) to address the business opportunities arising out of Entergy Transition and Climate Action. This information has been given under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended from time to time.

The above information is a part of company’s filings submitted to BSE.

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