Praxis Home Retail Limited — Important, 09-06-2025: Disclosure of material issue

Praxis Home Retail has announced a board meeting to consider the financial results for the quarter and half-year. Promoter Kishore Biyani has requested reclassification from promoter to public shareholder status, along with persons acting in concert. This may reduce promoter control but could enhance share liquidity and attract a wider investor base. The company will proceed with the necessary steps to implement this change. Investors should watch promoter holding changes closely as they can influence governance and stock behavior.