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Praxis Home Retail Limited confirmed it does not meet the criteria for classification as a 'Large Corporate' under SEBI circulars as of March 31, 2026. The company reported outstanding long-term borrowings of ₹56.89 Crore, well below the ₹1,000 Crore threshold.
Praxis Home Retail Limited has appointed Mr. Ravi Venkatraman as Chairperson and Independent Director, effective April 15, 2026. A seasoned finance professional and former CFO of Mahindra & Mahindra Financial Services, he brings over 40 years of experience in strategy and governance to the board.
Praxis Home Retail Limited appointed Mr. Ravi Venkatraman as Chairperson of the Company with immediate effect. Mr. Venkatraman, a seasoned finance professional with over 40 years of experience, will continue in his current role as an Independent Director. He previously served as Executive Director and CFO at Mahindra & Mahindra Financial Services.