April 24, 2006
The media had reports on April 21, 2006 that Praj Industries Ltd has entered in to a technological partnership with British Sugar.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Praj Industries Limited has vide its lettr inter-alia stated "We have received an order from British Sugar, UK for supply of technology engineering and critical equipment for their bio-ethanol facility in UK. This is a regular commercial transaction and no business partnership is involved"
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