Praxis Home Retail Limited has informed the Exchange regarding Appointment of Protune KSA Consultants Private Limited as Other of the company w.e.f. April 01, 2026.
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Praxis Home Retail Limited has re-appointed M/s Protune KSA Consultants Private Limited as Internal Auditors for Financial Year 2026-27. The appointment was approved by the Board of Directors at their meeting on May 29, 2026, based on the recommendation of the Audit Committee. Protune KSA Consultants is part of the 125-year-old KS Aiyar Group and is described as a leading performance consulting firm offering services in forensic risk, business analytics, cost optimization, and internal controls. This is a routine re-appointment for the new financial year.
This is a standard internal audit function continuity update with no material impact on shareholders. The re-appointment of an established consulting firm indicates normal corporate governance functioning.