Shashwat Nigam appointed CEO and additional Director

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

PRAXIS · price

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹7.20

prior close

₹7.34

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-3.7% vs market

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-6.8

15m

-6.8

30m

-5.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-5.0-1.3-3.7

Next day

-2.9+2.4-5.3

-1.9+3.8-5.7

+5.0+2.7+2.3

+10.1+1.9+8.2

+15.6+4.6+11.0

+18.2+5.1+13.1

15d

+13.9+2.1+11.8

+2.9-2.1+5.0

-19.4-6.4-13.0

+6.7+9.5-2.9

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Praxis Home Retail has appointed Mr. Shashwat Nigam (DIN 10277690) as CEO and additional Director effective February 03, 2026, for a three year term subject to shareholder approval. He has over 18 years of experience, including leading a 3000 crore retail business at Entero Healthcare and 14 years at Hindustan Unilever. He has been working with Praxis as a consultant for the past 7 months and will now formally lead the company turnaround.

Likely market impact

New external CEO onboarded to drive turnaround and value creation; experienced operator with prior retail and consumer track record.