Rights Issue12 Nov 2026, 06:00 pm
Praxis Home Retail Fixes Nov 18 Record Date for ₹55 Cr Rights Issue
AI Summary
Praxis Home Retail Ltd has fixed November 18, 2026, as the record date for its upcoming rights issue. The company plans to raise up to ₹55 crore by issuing fully paid-up equity shares at ₹5 each. The rights issue will offer 5 Rights Equity Shares for every 9 equity shares held on the record date. The issue opens on November 27, 2026, and closes on December 4, 2026. This corporate action aims to strengthen the company's financial position.
Key Highlights
- Record date set for November 18, 2026, for the rights issue.
- Company aims to raise up to ₹55 crore via rights issue.
- Rights issue price fixed at ₹5 per equity share.
- Entitlement ratio is 5 Rights Equity Shares for every 9 held.
- Issue opens November 27 and closes December 4, 2026.
Price Impact
More from PRAXIS