StockWatch
·
Speciality Retail
Rights Issue6 Nov 2026, 06:55 pm

Praxis Home Retail Closes Trading Window for Rights Issue

AI Summary

Praxis Home Retail Ltd has announced the closure of its trading window from November 06, 2026, to November 14, 2026. This is in connection with the upcoming Rights Issue of equity shares amounting to ₹5,500.00 lakhs (₹55 Crore). A Committee of Directors meeting is scheduled for November 12, 2026, to finalize the record date, price, and entitlement ratio for the issue. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Highlights

  • Trading window closed from Nov 06 to Nov 14, 2026.
  • Rights Issue of ₹5,500.00 lakhs (₹55 Crore) approved.
  • Record date and price to be fixed on Nov 12, 2026.
  • Insider trading regulations are being followed.