StockWatch
·
Speciality Retail
Board Meeting6 Nov 2026, 06:56 pm

Praxis Home Retail Board Meeting on Nov 12 to Finalize Rights Issue Terms

AI Summary

Praxis Home Retail Ltd has scheduled a Board of Directors meeting for November 12, 2026, to approve the terms of a Rights Issue. This follows a previous approval for issuing equity shares up to ₹5,500.00 lakhs (₹55 Crore). The Committee of Directors will meet on the same day to fix the record date, price, and entitlement ratio for the issue. The trading window for company securities is closed from November 6 to November 14, 2026, due to insider trading regulations.

Key Highlights

  • Board meeting scheduled for November 12, 2026.
  • To approve terms for a Rights Issue of up to ₹5,500.00 lakhs.
  • Record date, price, and entitlement ratio to be fixed.
  • Trading window closed from November 6 to November 14, 2026.