Praxis Home Retail will release their audited financial results at a board meeting scheduled for May 29, 2026. Trading in the company's stocks will remain halted until May 31, with details posted on the company's official website.
Praxis Home Retail Limited
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Praxis Home Retail has obtained an unsecured 6-month loan of INR 5.5 crore at an annual interest rate of 11%. This working capital loan comes from CMS IT Services, without any pledged assets or special rights attached to it.
Praxis Home Retail will convene a board meeting on May 9, 2026, to review and approve their audited financial results. The trading window will be closed from now until May 11 due to regulatory requirements.
Praxis Home Retail is facing an insolvency petition from Koncepts Interiors due to a debt of approximately INR 10 crores, with added interest at 18%. A court hearing has been scheduled for June 23, 2026. At present, the company reports no significant financial or operational impact as a result of this situation.