Praxis Home Retail Limited — Others, 12-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Praxis Home Retail Limited has announced a board meeting to review the utilization of proceeds from the recent issuance of 1 crore equity shares, which raised ₹12 crore. The Audit Committee confirmed that there were no deviations in the use of funds, with allocations intact for the company's expansion plans and reduction of debt. This update signals effective management and financial discipline, likely fostering a positive outlook among investors as it reflects commitment to growth and transparency in financial practices.