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Praxis Home Retail Limited Issues Corporate Announcement for Rights Issue of Equity Shares

Strategic Insights

— 1 min read

Praxis Home Retail Limited has issued a corporate announcement regarding its rights issue of equity shares to eligible equity shareholders. The company had previously issued intimation dated November 11, 2024, March 13, 2025, and July 30, 2024, for the issue of equity shares on a rights basis. The latest announcement provides updates on the dispatch of the Abridged Letter of Offer and the Application Form, which was completed on August 2, 2025. Shareholders can obtain the application form from various websites, including the company's website, the Registrar's website, and the Lead Managers' websites.

Key Takeaways:

  • The Praxis Home Retail Limited has issued a rights issue of equity shares to eligible equity shareholders.
  • The company had previously issued intimation dated November 11, 2024, March 13, 2025, and July 30, 2024, for the issue of equity shares on a rights basis.
  • The dispatch of the Abridged Letter of Offer and the Application Form was completed on August 2, 2025.
  • Shareholders can obtain the application form from various websites, including the company's website and the Lead Managers' websites.
  • The application form can also be obtained by making a plain paper application available on the website of the Registrar to the Issue.
  • In case a shareholder makes an application using the application form as well as a plain paper, both the applications shall be liable to be rejected at the option of the company.

Statistics:

  • The rights issue of equity shares was completed on August 2, 2025.
  • The application form can be obtained from the company's website at www.praxisretail.in.
  • Shareholders can also obtain the application form from the Registrar's website at www.in.mpms.mufg.com or the Lead Managers' websites at www.primesec.com and www.newberry.in.
  • The application form can also be obtained from the Stock Exchanges' websites at www.nseindia.com and www.bseindia.com.

Sources:

  • Praxis Home Retail Limited (https://www.nseindia.com/)
  • Securities and Exchange Board of India (SEBI) (https://www.sebi.gov.in/)
  • National Stock Exchange of India (NSE) (https://www.nseindia.com/)

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