Praxis Home Retail Ltd (PRAXIS) — Board Meeting | 25 September 2026 (2 announcements)

Praxis Home Retail announced shareholder approval at its September 25, 2026 AGM for the appointments of three new independent directors: Rahul Gambhir (DIN: 02965566) effective June 13, 2026 for five years, Chetranda Somanna Muddaiah (DIN: 11765478) effective June 13, 2026 for five years, and Mahesh M. (DIN: 09796548) effective July 3, 2026 for five years. All appointments were recommended by the Nomination and Remuneration Committee and approved by the Board.

Praxis Home Retail held its 15th AGM on September 25, 2026 via video conferencing, adopting audited standalone financial statements for FY2025-26, appointing three new independent directors, and approving the amendment of the 2024 Employee Stock Option Plan. Shareholders approved all six resolutions with overwhelming majorities, including reappointment of Ms. Lynette Monteiro and appointments of Rahul Gambhir, Chetranda Somanna Muddaiah, and Mahesh Meenakshisundaram as independent directors. The meeting concluded at 12:30 PM IST after e-voting concluded.