Praxis Home Retail Appoints Two Additional Independent Directors

Praxis Home Retail Ltd has announced the appointment of Mr. Rahul Gambhir and Mr. Chetranda Somanna Muddaiah as Additional Independent Directors. Their appointments are effective from June 13, 2026, for a term of five years, subject to shareholder approval. Both directors bring extensive experience in business growth, strategy, and leadership across various consumer-facing industries. Mr. Gambhir has over 30 years of experience with brands like Johnson & Johnson and Red Bull, while Mr. Muddaiah has a background in retail, lifestyle, and consumer businesses with companies such as Nicobar Design and 24Seven Convenience Stores. This move is expected to strengthen the company's board and strategic direction.