Management Change25 Sept 2026, 05:50 pm
Praxis Home Retail Appoints Three Independent Directors
AI Summary
Praxis Home Retail Ltd announced the appointment of three new Independent Directors: Mr. Rahul Gambhir, Mr. Chetranda Somanna Muddaiah, and Mr. Mahesh Meenakshisundaram. The appointments were approved by shareholders at the Annual General Meeting held on September 25, 2026. Mr. Gambhir and Mr. Muddaiah will serve for five years from June 13, 2026, to June 12, 2031. Mr. Meenakshisundaram will serve for five years from July 03, 2026, to July 02, 2031. These appointments aim to strengthen the company's governance and strategic direction.
Key Highlights
- Three new Independent Directors appointed to the Board.
- Appointments approved by shareholders at the AGM.
- Directors appointed for a term of five years.
- Strengthens corporate governance and leadership.
Price Impact
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