Praxis Home Retail Limited has informed the Exchange about Certificate under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018.
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Praxis Home Retail Limited has submitted its quarterly share capital reconciliation audit report as required under SEBI Regulation 76. The company has an issued capital of 18.58 crore shares (face value Rs. 5 each), listed on both BSE and NSE. Of the total shares, 67.94% are held in dematerialized form through NSDL and 32.05% through CDSL, with only 0.01% (24,033 shares) remaining in physical form. A minor discrepancy of 5,218 shares exists between issued and listed capital due to shares held in abeyance connected to a previous scheme arrangement involving Future Retail Limited. The previous quarter's issue of 33 excess dematerialized shares has been resolved. The company uses MUFG Intime India Private Limited as its registrar and transfer agent, with no changes reported.
This is a routine compliance filing indicating the company's share capital is properly reconciled with no material discrepancies affecting shareholders. The resolution of the previous excess dematerialization issue and the high dematerialization rate (99.99%) are positive indicators of regulatory compliance.