StockWatch
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Industrial Products
Management Change18 Jun 2026, 01:00 pm

Praj Industries Appoints Sachin Raole as Joint MD & CFO

AI Summary

Praj Industries Ltd announced the approval of Mr. Sachin Raole's appointment as Joint Managing Director & Chief Financial Officer. The appointment is for a term of five years, effective from April 30, 2026, to April 29, 2031. Mr. Raole, a seasoned finance professional with 31 years of experience across various industries, will oversee finance and accounts, with prior experience in M&A, financial restructuring, and treasury. His appointment was approved by the company's members through postal ballot.

Key Highlights

  • Sachin Raole appointed Joint MD & CFO for 5 years.
  • Appointment effective April 30, 2026, till April 29, 2031.
  • Raole brings 31 years of finance and accounts experience.
  • Extensive experience in M&A, financial restructuring, and treasury.