Praxis Home Retail Ltd (PRAXIS) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Praxis Home Retail Ltd on NSE and BSE, with an AI summary of each filing.
Announcement under Regulation 30 (LODR)
Others (Uncategorized) · 27 Oct 2026, 8:03 pm
Praxis Home Retail Secures Rs. 2 Crore Unsecured Loan Praxis Home Retail Limited entered into a loan agreement on 27th Oct'26 with I-3PL (India) Private Limited to avail an unsecured inter-corporate loan of up to Rs. 2 crore. The facility carries an interest rate of 13% per annum for a 3-month tenure, extendable via mutual written agreement. The proceeds will fund working capital requirements and general corporate purposes. Executed on an arm’s length basis, the borrowing qualifies as a Related Party Transaction. Total outstanding under the facility stands at Rs. 2 crore.
Announcement under Regulation 30 (LODR)
Others (Uncategorized) · 15 Oct 2026, 10:12 pm
Praxis Home Retail Faces ₹3.68 Crore Anti-Profiteering Demand from GSTAT The GST Appellate Tribunal (GSTAT), Delhi, ordered Praxis Home Retail to deposit or pass on a profiteered amount of ₹3.68 crore (₹3,67,88,027) with 18% interest on 14th Oct'26. The matter concerns failure to pass on GST rate reduction benefits (28% to 18%) between 15th Nov'17 and 30th Sep'19. Of this, ₹21,200 is payable to a complainant and ₹3.68 crore to Consumer Welfare Funds; no penalty was imposed. Praxis is evaluating legal options, including an appeal.
PRAXIS HOME RETAIL LIMITED has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 05 Nov 2026, 5:30 am
Praxis Home Retail Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited Financial Results ....
Intimation · 05 Nov 2026, 5:30 am
Praxis Home Retail Schedules Board Meeting for Q2 FY27 Financial Results Praxis Home Retail Limited has scheduled its Board of Directors meeting for 5th Nov'26 to consider, approve, and take on record the unaudited financial results for the quarter and half-year ended 30th Sep'26, alongside the Statutory Auditors' Limited Review Report. Consequently, the company's trading window for designated persons, which commenced closure on 1st Oct'26, will remain shut until 7th Nov'26, reopening 48 hours post the official announcement of the earnings results.
To consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026.
Intimation · 05 Nov 2026, 5:30 am
Announcement under Regulation 30 (LODR)
Others (Uncategorized) · 30 Sept 2026, 12:03 am
Praxis Home Retail Secures Rs. 2.50 Cr Unsecured Loan From Matrix Park Praxis Home Retail Limited entered into a loan agreement on 29th Sep'26 with Matrix Park Private Limited to avail an unsecured inter-corporate loan of up to Rs. 2.50 Cr for working capital and general corporate purposes. The facility carries an interest rate of 13% per annum for a 6-month tenure, drawable in tranches on or before 31st Mar'27. Including a prior loan of Rs. 3.50 Cr dated 25th Sep'26, the aggregate outstanding borrowings from Matrix Park stand at Rs. 6.00 Cr.
Announcement under Regulation 30 (LODR)
Others (Uncategorized) · 25 Sept 2026, 11:41 pm
Praxis Home Retail Enters ₹3.50 Crore Loan Agreement with Matrix Park Praxis Home Retail Limited entered into a loan agreement on 25th Sep'26 with Matrix Park Private Limited to secure an unsecured, inter-corporate loan of up to ₹3.50 Crore. The facility carries an interest rate of 13% per annum with an initial tenure of six months, extendable via mutual agreement. Available in multiple tranches until 31st Mar'27, the proceeds will fund working capital requirements and general corporate purposes. The entire sanctioned amount of ₹3.50 Crore has been availed, with no promoter or related-party involvement.
Appointment of Independent Directors.
Change in Management · 25 Sept 2026, 11:19 pm
Praxis Home Retail Approves Appointment of Three Independent Directors Praxis Home Retail Limited shareholders approved the appointment of three Independent Directors at the AGM held on 25th Sep'26. Mr. Rahul Gambhir and Mr. Chetranda Somanna Muddaiah were appointed for five-year terms from 13th Jun'26 to 12th Jun'31. Mr. Mahesh Meenakshisundaram was appointed for five years from 3rd Jul'26 to 2nd Jul'31. All appointees bring 30+ years of consumer, retail, and turnaround expertise, have no inter-director relationships, and are not debarred by SEBI.
Summary of Proceedings, Voting Results along with Scrutinizer''s Report of 15th Annual General Meeting.
Annual General Meeting · 25 Sept 2026, 11:09 pm
Summary of proceedings, Voting Results along with Scrutinizer''s Report of 15th Annual General Meeting.
Annual General Meeting · 25 Sept 2026, 11:04 pm
Investor Presentation for the quarter ended on June 30, 2026
Investor Presentation · 25 Sept 2026, 12:37 am
Praxis Home Retail Reports Significant Operating Loss Narrowing in Q1 FY27 Praxis Home Retail posted revenue from operations of ₹2,660 lakhs for the quarter ended 30th Jun'26 (Q1 FY27), up 8% QoQ and 13% YoY. Gross margin stood at 43.2%, expanding 1,000 bps YoY but contracting 250 bps QoQ due to scrap sales from store closures. EBITDA loss narrowed significantly to ₹69 lakhs from ₹595 lakhs in Q1 FY26. Net loss after exceptional items shrank to ₹1,106 lakhs. Retail LFL sales grew 33.3% YoY, with all 13 stores recording store-level EBITDA improvements.
Praxis Home Retail has informed the exchange that Board of Directors have approved proposal of Rights issue at its meeting held on September 11, 2026.
Outcome · 11 Sept 2026, 6:42 pm
Praxis Home Retail Limited has informed the Exchange that the Board of Directors have approved the proposal for Rights issue at its meeting held on September 11, 2026.
Outcome · 11 Sept 2026, 6:40 pm
Praxis Home Retail Board Approves ₹55 Crore Rights Issue Praxis Home Retail Limited’s Board of Directors, at its meeting on 11th Sep'26, approved fundraising of up to ₹5,500.00 lakhs (₹55 crore) via a rights issue of equity shares with a face value of ₹5 each. The issuance is subject to statutory and regulatory approvals. The Board authorized the Committee of Directors to finalize the issue terms, pricing, total share count, and the record date for eligible shareholders.
Announcement under Regulation 30 (LODR)
Others (Uncategorized) · 09 Sept 2026, 11:22 pm
Praxis Home Retail Revises Inter-Corporate Loan Interest Rate to 13% Praxis Home Retail Limited amended its unsecured inter-corporate loan agreements with CMS IT Services Private Limited, revising the interest rate upward from 11% to 13% per annum, effective retrospectively from 22nd May'26 and 23rd Jun'26. Out of a total sanctioned limit of ₹20 crore, ₹16.5 crore is currently outstanding across two tranches of ₹5.5 crore and ₹14.5 crore for working capital needs. The revision will increase the company's overall finance costs. No other terms or conditions were modified under the agreements.
PRAXIS HOME RETAIL LIMITED has informed the Exchange about Board Meeting to be held on 11-Sep-2026 to consider Fund raising.
Intimation · 07 Sept 2026, 5:49 pm
Praxis Home Retail Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Intimation · 07 Sept 2026, 5:44 pm
Praxis Home Retail Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/09/2026 ,inter alia, to consider and approve the proposal for raising ....
Intimation · 07 Sept 2026, 5:39 pm
Praxis Home Retail Board to Consider Rights Issue on 11th Sep'26 Praxis Home Retail Limited has scheduled a Board of Directors meeting on 11th Sep'26 to consider and approve a proposal for raising funds via the issuance of equity shares on a Rights Issue basis. Consequently, the trading window for dealing in company securities by promoters, directors, key managerial personnel, and designated persons remains closed from 7th Sep'26 to 13th Sep'26 (both days inclusive) in compliance with SEBI insider trading regulations.
To consider raising funds by way of issuance of Equity Shares of the Company on a RightsIssue basis.
Intimation · 07 Sept 2026, 5:39 pm
Notice of 15th Annual General Meeting to be held on September 25, 2026 and Annual Report for FY 2025-26.
Annual General Meeting · 02 Sept 2026, 8:14 pm
Notice convening Annual General Meeting along with Annual Report for FY 2025-26.
Others (Uncategorized) · 02 Sept 2026, 8:03 pm
Please find attached update.
Others (Uncategorized) · 19 Aug 2026, 12:06 am
Praxis Home Retail: NSE Rejects Promoter Reclassification Application The National Stock Exchange (NSE) rejected Praxis Home Retail's application to reclassify certain promoters, including members of the Biyani family and Future Group entities, to the public category. The rejection, dated Aug 12, '26, was due to "prolonged submission" and failure to provide requisite clarifications. The original application was filed on Jun 09, '25. Praxis must file a fresh application with applicable fees to pursue the reclassification. The company stated on Aug 18, '26, that it is evaluating its next course of action.
Reclassification of shareholding of Promoter category into Public category.
Others (Uncategorized) · 12 Aug 2026, 4:34 pm
Praxis Home Retail: Promoters Seek Reclassification to Public Category Praxis Home Retail has submitted a revised disclosure on Aug 12, '26, detailing promoter requests for reclassification to the public category, originally filed on Jun 09, '25. The filing lists shareholdings of key promoter group members seeking the change. Notable holdings include Surplus Finvest Private Limited (3.24%), Avni Kishore Biyani (2.51%), and Sangita Kishore Biyani (1.24%). Future Corporate Resources, under a corporate insolvency resolution process since Sep 24, '24, holds 0.22%. Many individuals, including promoter Kishore Biyani, hold negligible or 0.00% stakes.
Grant of Options under Praxis Employee Stock Plan 2024.
Others (Uncategorized) · 08 Aug 2026, 12:08 am
Praxis Home Retail Grants 2.2 Million Stock Options Praxis Home Retail announced on 07 Aug'26 the grant of 22,05,000 stock options under its ESOP Scheme 2024. The options carry an exercise price of Rs. 5 per share, equivalent to the stock's face value. Vesting is staggered over three years: 40% after year one, 30% after year two, and the final 30% after year three. Options can be exercised within three years from the respective vesting date. Shares allotted upon exercise will not be subject to a lock-in period.
Results- Financial Results for the quarter ended on June 30, 2026.
Financial Result · 07 Aug 2026, 11:42 pm
Praxis Home Retail Board Approves Fundraise, ESOP Expansion Amidst Going Concern Uncertainty Praxis Home Retail's board on 07 Aug'26 approved Q1FY27 results, a fund-raising proposal, and an ESOP pool increase from 30 lakh to 65 lakh options. For Q1, revenue was ₹2,660.07 lakhs and net loss was ₹1,106.49 lakhs. The auditor's review highlighted a material uncertainty related to going concern, citing a cash loss of ₹894.52 lakhs, negative net worth, and current liabilities exceeding current assets by ₹6,910.97 lakhs. The company also received an insolvency notice from an operational creditor. The 15th AGM is scheduled for 25 Sep'26.
Outcome of the Board Meeting.
Outcome · 07 Aug 2026, 11:21 pm
Praxis Home Retail Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 2,660 (+13.2% YoY | +7.5% QoQ) ■ EBITDA: -201 (+74.4% YoY | +76.9% QoQ) ■ EBITDA Margin (%): -7.6 (+2591 bps YoY | +2757 bps QoQ) ■ PAT: -1,106 (+32.8% YoY | +90.4% QoQ) ■ EPS (INR): -0.60 (+50.8% YoY | +90.3% QoQ)