Praxis Home Retail Limited has informed regarding Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
PRAXIS · price
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The National Stock Exchange (NSE) has imposed a total fine of Rs. 4,00,000 on Praxis Home Retail Limited for regulatory non-compliance, communicated via email dated January 6, 2026. The fine breaks down into Rs. 40,000 for a 2-day delay in November 2025 under Regulation 162 of SEBI ICDR Regulations (Rs. 20,000 per day), and Rs. 3,60,000 for an 18-day delay in December 2025 under Schedule XIX – Listing of Securities on Stock Exchanges (Rs. 2,000 per day). With 18% GST added, the total payable is Rs. 4,72,000, due within 15 days. The company has called the delay 'inadvertent and unintentional' and has the option to file a waiver request with NSE. The company has stated there is no quantifiable impact on financial or operational activities.
This is a relatively minor compliance penalty (Rs. 4.72 lakh including GST) for a small regulatory lapse and is unlikely to materially affect the stock price. However, persistent compliance issues could raise governance concerns among investors, and shareholders should watch whether the company pays the fine or successfully obtains a waiver.