Company : Praj Industries Limited 
Tuesday, November 2, 2010 12:40PM IST (7:10AM GMT)
Praj Appoints Gajanan Nabar as CEO & MD
Pune, Maharashtra, India

Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the Board's approval for the appointment of Mr. Gajanan Nabar as CEO & Managing Director effective 15th November, 2010.

Mr. Nabar has over 22 years of multi-functional management experience. His last assignment was as Managing Director of Praxair India Private limited. During his tenure of 8 years with Praxair, he has managed various roles in Operations, Projects and Business development. He was deputed to Company's technical centre at Buffalo, New York as Business Development Director for leading capital projects in the United States. Shortly upon his return to India, he took over as Managing Director of the Company. Under his stewardship, the Company consolidated its position as the number one Industrial Gases Company in India.

Prior to joining Praxair, he worked with Monsanto India for seven years and was responsible for setting up Monsanto's first chemical JV in Asia for the specialty resins. Subsequently he moved to the agriculture and Biotech side of the business and led a successful alliance with Rallis India for Sales and distribution of Seeds and Chemicals.

From 1988 to 1996 he managed a variety of roles of growing responsibilities in Sales, Marketing and Business development with Asian paints and BASF.

He is an active member of the American Chamber of Commerce, CII and BCIC and a member of the Young Presidents Organization (YPO).

He holds Master's degree in Polymer Chemistry and a Masters in Management from Bombay University. He was conferred a diploma by Plastic and Rubber Institute, London and has completed the Executive development program of Wharton Management School.

"Induction of Mr. Nabar is another step towards institutionalization of the Company. His experience of handling customers in diverse industries globally, is complimentary to Praj's own diversified portfolio, especially the new lines of businesses of water & wastewater treatment solutions and process equipment. I am sure he will prove to be an able leader and steer the Company into a new trajectory", shared Mr. Pramod Chaudhari, Chairman, Praj Industries.

About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to significantly add value in bio-ethanol, bio-diesel and brewery plants and related wastewater treatment systems as well as process plant & equipment for customers, worldwide. Praj is a knowledge based company with expertise and experience in Bioprocesses and engineering. It delivers know how, License, engineering design, plant & equipment, project management, commissioning and customer care and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India.

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward-looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

To view the photograph, please click on the link given below:

Gajanan Nabar

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Media Contact Details
Vinati Moghe, Praj Industries Limited, +91 (20) 22952214 / 1718,
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