DATE: September 18, 2020 REF. : PIL/DVN/Ll04/2020-21

Security Code No.: 522205

BSELIMITED

PHIROZE JEEJEEBHOY TOWERS, 25TH FLOOR, DALAL STREET, MUMBAI - 400 001 Fax: 022-22723121/3719/2037/2039/2041/2061

Dear Sir I Madam,

Company Code- PRAJIND

NATIONAL STOCK EXCHANGE OF INDIA LTD.

EXCHANGE PLAZA, 5TH FLOOR, PLOT NO. C/1, G BLOCK, BANDRA-KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 051 Fax: 022 - 66418124/25/26, 2659 8237 I 38

Kindly put the enclosed Press Release on your bulletin board for sharing with Investors.

Thanking you,

Yours faithfully,

For PRAJ INDUSTRIES LIMITED

DATTATRAYA NIMBOLKAR CHIEF INTERNAL AUDITOR &COMPANYSECRETARY (M. No. 4660)

Praj Industries Limited

Regd. Office: "Praj Tower", S. No. 27 4 & 275/2, Bhumkar Chowk-Hinjewadi Road, Hinjewadi, Pune : 411057. Ph : +91 20 71802000 / 22941000 f: +91 20 22941116 e: info@praj.net w: www.praj.net CIN : L27101PNl985PLC038031

PRESTIGIOUS GEORGE WASHINGTON CARVER AWARD ANNOUNCED

FOR DR. PRAMOD CHAUDHARI • Becomes the first Indian chosen for the honour.

Pune, September 17, 2020

Washington D.C.- based Biotechnology Innovation Organization (BIO) announced that Dr.

Pramod Chaudhari, founder and executive chairman, Praj Industries, is selected for the

prestigious 2020 George Washington Carver Award for Innovation in Industrial

Biotechnology and Agriculture. He is the first Indian and second Asian recipient of this global

honour. Dr. Chaudhari will be honored during a fireside chat at the BIO IMPACT Digital Ag &

Environment Conference, on September 22, 2020.

US based BIO, the world's largest trade association of biotechnology with presence in over 30 countries, has instituted this award since 2008 with the help of Iowa Biotechnology Association (Iowa BIO). The George Washington Carver Award, named after legendary agricultural scientist, inventor and environmentalist, is the highest recognition for outstanding contribution in the Industrial Biotechnology sector worldwide.

The award is a befitting acknowledgement of Dr. Chaudhari's exemplary leadership and contribution towards building a bio-based economy. His entrepreneurial spirit and pioneering endeavours have helped establish a sustainable eco-system in industrial biotechnology. Dr.

Chaudhari's tireless efforts in environmental science, bio refining and developing bio-based products that enhance rural economy are seen as furtherance of Carver's legacy.

"The BIO IMPACT award winner represents leadership in advancing the bioeconomy," said Stephanie Batchelor, Vice President of Bl O's Industrial and Environmental Section. "Pramod's vision has shown biotechnology's vast potential in solving ever-increasing challenges- from the current coronavirus pandemic to addressing climate change to establishing an economy cantered around sustainability. I'm proud to recognize him with this extraordinary honor."

As awardee, Dr. Chaudhari joins an elite club of renowned industry captains, distinguished professors, accomplished government officials and agri experts around the world.

As the highest form of international recognition, it reaffirms India's technology prowess while acknowledging Dr. Chaudhari as the global brand ambassador for the industry.

Praj Industries Ltd., Praj Tower, Hinjewadi, Pune: 411057, India Tel: 020-71802000/22941000, E·mail: info@prai.netWeb:www.praj.net

~ pr OJ

"I am honoured to accept this award and feel humbled that my work in the bioeconomy resonates the pioneering spirit of George Washington Carver. This recognition is testament to 35 years of sustained efforts towards the causes of innovation and technology. My passion for planet, people and prosperity has led Team Praj to derive value from agri-processing and support the rural economy by offering sustainable end-to-end solutions. I dedicate this award to the focused endeavours by team Praj and everyone across the world who directly and indirectly participated in the journey to nurture a sustainable future", said Dr. Chaudhari on

the development.

The annual Carver award serves as a lasting memorial to the original vision of George Washington Carver who, over a century ago, pioneered bio-based products, materials and energy derived from renewable agricultural feedstock.

Industrial biotechnology is the modern-day equivalent of Carver's vision.

About Praj Industries Limited:

Praj, India's most accomplished process engineering company in the Bioeconomy, is driven by innovation and integration capabilities. Over the past three decades, Praj has focused on the environment, energy, and agri-process industry, with over 750 customer references spanning 75 countries across 5 continents.

Bio-mobility™ and Bio-Prism™ are the mainstays of Praj's contribution to the global Bioeconomy. The Bio-Mobility platform offers technology solutions globally to produce renewable transportation fuel, thus ensuring sustainable decarbonization through circular bioeconomy. The company's Bio-Prism™ portfolio comprises of renewable chemicals and materials solutions, promises sustainability, while reimagining nature.

Praj Matrix, the state-of-the-art R&D facility, forms the backbone for the company's endeavours towards a clean energy-based Bioeconomy.

Praj's diverse portfolio comprises Bio-energy plants, Zero liquid discharge plants, Critical process equipment & skids for oil & gas industries, Breweries and High purity water systems.

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. For more details, please visit www.praj.net

For media enquiries: Dr. Ravindra Utgikar VP, Corporate Strategy & Marketing Praj Industries Ltd. Phone: 020 2294 1000 Email: ravjndrautgjkar@praj.net

Praj Industries Ltd., Praj Tower, Hinjewadi, Pune: 411057, India Tel: 020-71802000/22941000, E-mail: info@praj.netWeb:www.praj.net

About BIO

BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world's largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIOtechNOW is Bf O's blog chronicling "innovations trahsforming our world" and the BIO Newsletter is the organization's bi-weekly email newsletter.

Note: Some of the statements made In the release could be forward-look Ing in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and t echno logical factors. This may cause actual performance to differ mater/ally from that observed through the relevant forward-looking statement. Pra/ Industries and ARAI w/11 not In any way be responsible for action taken based on stJch forward-looking statements and undertakes no commitment to update these forward-look Ing statements publicly, to reflect changed realities

Praj Industries Ltd., Praj Tower, Hinjewadi, Pune: 411057, India Tel: 020-71802000/22941000, E-mail: info@praj.netWeb:www.praj.net