Praj Industries Limited announces the appointment of Mr. Sachin Raole (DIN: 00431438) as Joint Managing Director & Chief Financial Officer. The appointment is for a period of five years, effective from April 30, 2026, to April 29, 2031. Mr. Raole brings over 31 years of experience in finance and accounting, with expertise in mergers, acquisitions, financial restructuring, and taxation.
Key Management Appointment at Praj Industries
Praj Industries Limited has officially announced the appointment of Mr. Sachin Raole, holder of DIN 00431438, to the significant roles of Joint Managing Director and Chief Financial Officer. This strategic appointment has been approved by the company’s members and will be effective starting April 30, 2026. The term of this appointment is set for a period of five years, concluding on April 29, 2031. Notably, Mr. Raole will not be liable for retirement by rotation during his tenure.
Mr. Sachin Raole’s Extensive Experience
Mr. Sachin Raole possesses a wealth of experience, bringing over 31 years to Praj Industries Limited. He is a qualified Cost Accountant and Chartered Accountant. His professional background includes extensive work in various facets of finance and accounting, such as divestment, mergers and acquisitions, financial restructuring, treasury operations, and taxation. Mr. Raole has a proven track record across diverse industries, including manufacturing, project finance, financial services, and pharmaceuticals. Furthermore, his expertise extends to leadership roles in Human Resources, materials management, IT, legal, and secretarial functions.
Disclosure of Relationship
The company has confirmed that there is Nil disclosure of any relationship between Directors and Key Managerial Personnel in relation to this appointment.
Source: BSE
