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Praj Industries acquires additional 20% stake in Praj HiPurity Systems

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Capital Market

For Rs 35.70 crore

Praj Industries announced that the Company has acquired a further stake of 20% in its subsidiary Praj HiPurity Systems (Formerly known as Neela Systems) for approximately Rs. 35.70 crore. With this, Praj HiPurity Systems has become a Wholly Owned (i.e. 100%) Subsidiary of the Company.

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First Published: Aug 25 2015 | 11:52 AM IST

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