Praxis Home Retail Limited — Others, 04-08-2025: Copy of Newspaper Publication
04-08-2025 | 01:39 pm
04-08-2025 | 01:39 pm
Praxis Home Retail is conducting a rights issue, offering up to 4.96 Cr equity shares at ₹10 each, aiming to raise up to ₹49.58 Cr. Eligible shareholders (those holding shares as of the Record Date) can subscribe to 11 new shares for every 30 shares held. The application period is open, and applications must be made through the ASBA process. Shareholders can also apply for additional shares or renounce their rights entitlements. Fractional entitlements are ignored but considered for additional share applications, providing an opportunity for existing investors to increase their stake.
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