Praj Industries has announced that its 39th Annual General Meeting (AGM) will be held on August 11, 2025, via video conferencing. The record date for determining members eligible for the final dividend is set for August 4, 2025, and the dividend payment will be made by September 10, 2025.
| Particulars | Details |
|---|---|
| AGM Date | August 11, 2025 |
| Time | 10:00 a.m. |
| Mode | Video Conferencing |
| Record Date for AGM Notice and Annual Report | July 11, 2025 |
| Record Date for Dividend | August 4, 2025 |
| Dividend Payment Date | By September 10, 2025 |
| Remote e-voting start time, day and date | 9:00 a.m. (IST), Thursday, the 7th August, 2025 |
| Remote e-voting end time, day and date | 5:00 p.m. (IST), Sunday, the 10th August, 2025 |
Annual Report and AGM Notice
The company has submitted its Annual Report for the financial year 2024-25, along with the Notice of the 39th Annual General Meeting (AGM). These documents are being sent to members electronically, adhering to circulars from the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
The link to view the Notice of AGM and Annual Report is: https://www.praj.net/wp-content/uploads/2025/07/Annual-Report-for-2024-25.pdf
Chairman’s Message
Dr. Pramod Chaudhari, Chairman, highlighted that Praj is guided by a bold and actionable 2030 Vision, positioning the company at the forefront of industrial transformation and clean energy innovation. The company is focused on strategic platforms like Bio-Mobility®, Bio-Prism®, and Energy Transition & Climate Action (ETCA) to drive progress across key economic sectors.
- Bio-Mobility®: Redefining the future of transportation and industrial fuels by expanding into next-generation biofuels such as compressed biogas, Sustainable Aviation Fuel (SAF), and biohydrogen.
- Bio-Prism®: Accelerating the move away from fossil-based chemicals and materials by producing bio-based alternatives like bioplastics, biobitumen, and biochemicals.
- Energy Transition & Climate Action (ETCA): Supporting the development of clean energy solutions in areas such as hydrogen, ammonia, carbon capture, and waste-to-energy.
Praj HiPurity Systems Ltd. (PHS) is capitalizing on the growing demand for ultra-pure water solutions, while the ETCA business addresses critical energy challenges.
CEO & MD’s Message
Shishir Joshipura, CEO & Managing Director, noted that Praj Industries made steady headway across its core businesses. In 1G ethanol, India achieved its E20 blending milestone ahead of schedule. The company is also expanding its footprint in Latin and North America for grain-based ethanol and low-carbon ethanol solutions.
- The IOCL Panipat project, based on Praj's Enfinity® platform, produced over one million litres of ethanol.
- The CBG business gained renewed momentum with greater private sector interest.
- Praj is building the world's first integrated ethanol-to-jet (SAF) facility at Praj Matrix, expected to be commissioned by September 2025.
- The demonstration facility for biopolymers became operational, with Polylactic Acid (PLA) being the first molecule successfully demonstrated.
- Praj showcased its biobitumen technology through the inauguration of India's first national highway stretch built using biobitumen near Nagpur.
MD-Designate’s Message
Ashish Gaikwad, Managing Director-Designate, emphasized that Praj is uniquely positioned to lead the energy transition. The company is advancing innovations in bioplastics, biobitumen, and renewable chemicals. With the thyssenkrupp Uhde partnership, Praj is poised to offer an end-to-end PLA solution.
- Key organizational initiatives are underway through the Transformation Management Office (TMO).
- Centers of Excellence (CoEs) are being established for Talent Management, Innovation, Digitalization, and Manufacturing Supply Chain.
- Praj GenX’s manufacturing assets are aligned with Industry 5.0 principles.
Business Performance and Decarbonization
Decarbonization lies at the heart of Praj's mission. The company is enabling the shift away from fossil-based systems by offering bio-based, technology-driven solutions. Praj is also advancing Carbon Capture and Utilization (CCU) solutions, turning industrial CO2 emissions into value-added products.
Bio-Mobility® and Ethanol Blending
Praj's Bio-Mobility® platform is at the forefront of the transformation towards low-carbon transportation. India has successfully achieved its 20% ethanol blending target (E20) ahead of schedule. NITI Aayog is evaluating alcohol blending in diesel to reduce emissions and strengthen energy security. Praj is actively contributing to this ecosystem through strategic collaborations, including the Centre of Excellence & Innovation (CoEl) in Bioeconomy with the Vasantdada Sugar Institute (VSI), Pune.
