Praxis Home Retail Limited has informed the Exchange about Copy of Newspaper Publication
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Awaiting price reaction for this filing.
Praxis Home Retail Limited has submitted copies of newspaper advertisements related to its ongoing rights issue of equity shares with a face value of ₹5 each. The ads were published on August 4, 2025 in three newspapers — Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi) — as required under SEBI's ICDR Regulations. The company confirmed that the Abridged Letter of Offer and Application Form were dispatched to eligible shareholders on August 2, 2025 via email, speed post, registered post, and courier. Shareholders who did not receive the application form can download it from the company's website, the registrar (MUFG), or the lead managers' websites. This filing is a procedural disclosure to the stock exchanges, not a fresh announcement of the rights issue terms.
This is a routine compliance filing confirming that the rights issue process is moving forward. Eligible shareholders should act on the offer before it closes; those who miss the deadline or lose their application form still have avenues to participate by downloading the form online or applying on plain paper.