Praxis Home Retail Limited has informed the Exchange about resignation of Company Secretary/Compliance Officer
PRAXIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Praxis Home Retail Limited has informed the stock exchanges about the resignation of Mr. Vimal Dhruve from the position of Company Secretary & Compliance Officer (a Key Managerial Personnel). His resignation takes effect from June 26, 2025. He has cited personal reasons — specifically, to pursue better opportunities outside the organization. The company's CEO & Whole-time Director, Mr. Ashish Bhutda, confirmed that the Board will appoint a suitable replacement within the timeframes allowed under the Companies Act, 2013 and SEBI Listing Regulations. The resignation letter was submitted to the CEO on May 27, 2025, with the notice period running until end of June.
This is a routine KMP-level change with no operational or financial impact on the business. Investors should note that the position is regulatory in nature, and the company will need to fill it within the prescribed timeline to remain compliant with listing rules.