Praxis Home Retail Debt & Borrowing: ₹3.5 Cr
Praxis Home Retail Limited has entered into a loan agreement with Matrix Park Private Limited to avail an unsecured inter-corporate loan of ₹3.50 Crore.
- Value
- ₹3.50 Cr
- From
- Matrix Park Private Limited
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Praxis Home Retail Limited has entered into a loan agreement with Matrix Park Private Limited to avail an unsecured inter-corporate loan of ₹3.50 Crore.
Praxis Home Retail Ltd amended its Employee Stock Option Plan 2024, increasing the ESOP pool size from 30,00,000 to 65,00,000 options.
Praxis Home Retail has appointed Mr. Rahul Gambhir, Mr. Chetranda Somanna Muddaiah, and Mr. Mahesh Meenakshisundaram as Independent Directors for a five-year term each.
Praxis Home Retail Limited held its 15th Annual General Meeting on September 25, 2026, where all resolutions were passed with the requisite majority.
Praxis Home Retail (HomeTown) reported Q1 FY27 revenue growth of 8% QoQ and 13% YoY, while EBITDA loss narrowed significantly as the company executes its turnaround strategy.
Praxis Home Retail's Board approved a ₹55 Crore rights issue of equity shares. The issue awaits regulatory approvals with terms to be finalized by a committee.
Praxis Home Retail amended its Inter-Corporate Loan agreement with CMS IT Services, increasing the interest rate on its borrowings from 11% to 13% p.a.
Praxis Home Retail Ltd has scheduled a Board Meeting for 11 September 2026 to consider a rights issue. No amount or terms have been announced at this stage.
Praxis Home Retail Limited has convened its 15th Annual General Meeting for September 25, 2026. The company also released its Annual Report for the financial year 2025-26.
Praxis Home Retail Ltd reported revenue from operations of ₹26.6 Cr (+13.2% YoY) and a net loss of ₹11.1 Cr for Q1 FY27.