PRAJINDNSEPraj Industries Limited· EngineeringMediumNeutral
Announced Thu, 26 Jun · 16:40 IST

Praj Industries Limited has informed the Exchange regarding Appointment of Mr Berjis Desai as Non- Executive Director of the company w.e.f. July 01, 2025.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Praj Industries Limited has announced the appointment of Mr. Berjis Desai (DIN: 00153675) as a Non-Executive Non-Independent Director, liable to retire by rotation, effective July 1, 2025. The appointment was approved by the Board on June 26, 2025, based on the recommendation of the Nomination & Remuneration Committee, and is subject to shareholder approval at the 39th Annual General Meeting via ordinary resolution. Mr. Desai is a seasoned legal professional with 45 years of experience in transactional and dispute resolution law, and was formerly the Managing Partner and later Senior Partner of J. Sagar Associates, one of India's leading national law firms. He currently runs an independent legal practice focused on private client, succession planning, and family business structuring. He is not debarred from holding a directorship by SEBI or any other authority.

Likely market impact

This is a routine board-level addition that brings deep legal and governance expertise to the company. It is unlikely to have any material impact on the stock price or shareholder value in the short term.