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Praixs Home Retail Ltd fixes May 30, 2023 as record date for rights issue

Praixs Home Retail Ltd has fixed Tuesday, May 30, 2023 as the record date for the purpose of determining names of the shareholders of the Company eligible to apply for the Equity Shares in the proposed Rights Issue of the Company.

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Praxis Home Retail Ltd swings to profit in Q2FY22

Praxis Home Retail Ltd swings to profit in Q2FY22
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Praxis Home Retail Ltd allots 4,35,99,433 Rights Equity Shares

Praxis Home Retail Ltd allots 4,35,99,433 Rights Equity Shares
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Praxis Home Retail Ltd board fixes Sep 8, 2021 as record date for rights issue

Praxis Home Retail Ltd board fixes Sep 8, 2021 as record date for rights issue
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Praxis Home Retail Ltd board to consider rights issue terms on Sep 2, 2021

Praxis Home Retail Ltd board to consider rights issue terms on Sep 2, 2021
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Recap: 51st IHGF Delhi Fair 2021 - Virtual | Furniture World Magazine

Furniture World News
By Nic Ledoux on
6/2/2021
The 51st edition of IHGF Delhi Fair, held virtually from 19-23 May 2021, concluded after connecting its 700+ exhibitors with 2400 buyers from 110 countries as well as volume retail buyers and buying agents from within India. The show featured 12 well- defined categories offering plenty to choose from.

Theme Pavilions of Jammu & Kashmir and India’s North East Region with substantial representation of artisanal products added to the sustainability quotient. The show featured informative webinars offering plenty of insight on topical issues relevant to trade in the present times. While the enthusiastically planned physical show had to be cancelled in light of the second surge of the pandemic in India, this virtual edition with several engaging onsite experiences continued the sourcing cycle for buyers uninterrupted and helped capture global opportunities for manufacturers in India. Worthwhile to mention here is that manufacturing units of these exporters are fully functional with all Covid related SOPs in place.

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Praxis Home Retail Ltd board approves rights issue of Rs. 50 crores

Praxis Home Retail Ltd board approves rights issue of Rs. 50 crores
Posted On:
2021-01-29 07:21:41
(Time Zone: Arizona, USA)
The Board of Directors ("Board") of PRAXIS HOME RETAIL LIMITED ("Company"), in its meeting held today January 29, 2021, approved the raising of funds through issuance and allotment of equity shares of face value of Rs. 5 each ("Equity Shares") for an aggregate amount of up to Rs. 50,00,00,000 (Rupee Fifty Crores) on Rights basis, on such terms as decided by the Board of Directors to the eligible equity shareholders of the Company, as on the record date to be announced later, subject to receipt of applicable regulatory / statutory approvals, in accordance with the applicable laws. The Board has authorized the Committee of Directors to proceed with Rights Issue and decide all other terms and conditions of the Rights Issue as may be required from time to time.

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Praxis Home Retail Ltd Q3 loss reduces QoQ to Rs. 15.41 crore

Praxis Home Retail Ltd Q3 loss reduces QoQ to Rs. 15.41 crore
Posted On:
Praxis Home Retail Ltd has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.121.11 crores during the period ended December 31, 2020 as compared to Rs.84.98 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.(15.41) crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.(34.74) crores for the period ended September 30, 2020.
The company has reported EPS of Rs.(5.57) for the period ended December 31, 2020 as compared to Rs.(12.58) for the period ended September 30, 2020.

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