NSEOutcome of Board Meeting2d ago · 29 Oct 2026, 04:25 pm

Outcome of Board Meeting

Praj Industries Limited · PRAJIND

✦ AI SummaryJoint Venture

Praj Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on October 29, 2026, where the Board of Directors gave its in-principle approval to invest up to ₹100 crore in a Joint Venture Company with Bharat Petroleum Corporation Ltd. for setting up of Compressed Bio Gas (CBG) plants across India.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Praj Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on October 29, 2026.

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PRAJIND_29102026162522_Intimation_of_BPCL_Investment.pdf

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Date: 29th October, 2026 Ref.: PIL/ANB/L-065/2026-27 Company Code – PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, G Phiroze Jeejeebhoy Towers, 25th Floor, Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and our letter no. PIL/ANB/L-129/2024-25 dated 30th January, 2025, the Board of Directors at its meeting held today i.e. on 29th October, 2026 has given its in-principle approval to invest upto ₹100 crore in Joint Venture Company (JVC) with Bharat Petroleum Corporation Ltd. (BPCL) for setting up of Compressed Bio Gas (CBG) plants across India. Thanking you, Yours faithfully, FOR PRAJ INDUSTRIES LIMITED ANANT BAVARE COMPANY SECRETARY & COMPLIANCE OFFICER (M. NO. 21405) Praj Industries Limited Regd. Office: ‘Praj Tower’, 274 & 275/2, Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune 411057. Ph.: +91-20-71802000 / 22941000 f: +91-20-22941299 e: info@praj.net w: www.praj.net CIN: L27101PN1985PLC038031