Praj Industries Limited announced the appointment of Mr. Sachin Raole, CFO & President- Finance & Commercial as additional Director in the category of Whole Time Director and has re-designated him as CFO Director- Finance & Commercial with effect from January 16, 2017. It accepted resignation of Mr. Gajanan Nabar, as CEO & MD and also from the directorship of the Company with effect from January 16, 2017.