Announced Tue, 28 Apr · 12:37 IST
Praj Industries to appoint Sachin Raole as Joint MD & CFO for 5 years
Management Changes View source PDF
PRAJIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹403.40
prior close
₹395.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0+0.2+0.2-1.3+1.4+2.0+2.9+0.2-0.1-4.5-12.0-14.2—
Up moveDown movePending
AI summary
Board of Praj Industries approved a Postal Ballot Notice on 28 April 2026 to appoint Mr. Sachin Raole (DIN: 00431438) as Joint Managing Director & CFO for 5 years, effective 30 April 2026 to 29 April 2031. The appointment requires shareholder approval via postal ballot, which will be filed separately with the exchanges.
Likely market impact
New JMD & CFO appointment pending shareholder vote; signals leadership continuity in finance and operations at the company.