Praxis Home Retail Limited — Important, 16-01-2026: Updates

Auditors issued a Disclaimer of Conclusion for Praxis Home Retail's H1 results due to material uncertainties, citing significant concerns over going concern. The company reported operational cash losses of ₹15.82 Cr. Net worth turned positive largely due to a ₹95.40 Cr ICD waiver and a ₹49.58 Cr rights issue, not core operations. Multiple NCLT claims also pose risks.