Praxis Home Retail (PRAXIS) — Announcement

📢 Key Event
Interest rate hike on inter-corporate loan agreements

🔄 What Changed
Interest rate increased from 11% to 13%

Praxis Home Retail disclosed an amendment to its inter-corporate loan agreements with CMS IT Services, raising the interest rate from 11% to 13% per annum effective May 22 and June 23, 2026, for loan facilities totaling 16.5 crores outstanding. The change increases finance costs for the company during the revised rate period and was filed under SEBI LODR Regulation 30.

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About Praxis Home Retail Ltd (PRAXIS)

Consumer Services · Retail · Listed on BSE

Market Cap: ₹79.16 Cr ROE: 99.5% ROCE: -69.8%

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🔥 Also filed on 9 September 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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