Outcome of Board Meeting

September 11, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, C-1 Block G, Bandra Kurl Complex, Dalal Street, Fort, Bandra East, Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 540901 NSE Symbol: PRAXIS Sub.: Outcome of Board Meeting dated September 11, 2026, of Praxis Home Retail Limited (the “Company”) under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) Dear Sir/ Madam, Further to our letter dated September 07, 2026 and in accordance with the provisions of Regulation 30 of the SEBI LODR Regulations, we wish to inform you that the board of directors (“Board”) of the Company at their meeting held today, i.e. September 11, 2026 approved the raising of funds, through issuance and allotment of equity shares having face value of ₹ 5 each up to an aggregate amount of ₹ 5,500.00 lakhs (Rupees Five Thousand Five Hundred Lakhs), on rights basis and on such terms (as decided by the Board or a duly constituted committee of the Board, at a later date) to the eligible equity shareholders of the Company, as on the record date (to be notified subsequently), subject to receipt of regulatory/ statutory approvals, in accordance with the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI LODR Regulations and the Companies Act, 2013, and rules and regulations made thereunder, each as amended from time to time and approved other related matters to implement the proposal of Rights Issue. Further, the Board has authorised the " Committee of Directors", a committee of the Board of Directors of the Company, to decide all matters relating to the aforesaid proposed issuance of equity shares on rights basis including finalization and approval of the detailed terms and conditions of the issue and number of equity shares to be issued. The details as required under Regulation 30 of the Listing Regulations read with Part A of Schedule III of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure I. The meeting commenced at 12:02 hrs (IST) and concluded at 12:50 hrs (IST). We request you to take the above same on your record. Thanking you, Yours faithfully, For and on behalf of Praxis Home Retail Limited Charu Srivastava Company Secretary and Compliance Officer ACS No. 27108 PRAXIS HOME RETAIL LIMITED CIN: L52100MH2011PLC212866 Registered Off.: 2nd Floor, Knowledge House, Shyam Nagar, Off Jogeshwari-Vikhroli Link Road, Jogeshwari (East), Mumbai-400060 Tel.: +91 22 4518 4399; website: https://praxisretail.hometown.in/; e-mail: investorrelations@praxisretail.in Annexure – I Details as required under Regulation 30 of the SEBI LODR Regulations read with Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, issued by the Securities and Exchange Board of India are as under: Sr. No. Particulars Details 1. Type of securities proposed to be issued Equity Shares (viz. equity shares, convertibles etc.) 2. Type of issuance (further public offering, rights Rights Issue issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of securities proposed to be ₹ 5,500.00 lakhs (Rupees Five Thousand Five issued or the total amount for which the Hundred Lakhs) approximately securities will be issued (approximately) 4. In case of preferential issue the listed entity shall disclose the additional details to the stock exchange(s) 5. In case of bonus issue the listed entity shall disclose the additional details to the stock exchange(s): 6. In case of issuance of depository receipts Not Applicable (ADR/GDR) or FCCB the listed entity shall disclose additional details to the stock exchange(s) 7. In case of issuance of debt securities or other non-convertible securities the listed entity shall disclose additional details to the stock exchange(s) 8. Any cancellation or termination of proposal for issuance of securities including reasons thereof. PRAXIS HOME RETAIL LIMITED CIN: L52100MH2011PLC212866 Registered Off.: 2nd Floor, Knowledge House, Shyam Nagar, Off Jogeshwari-Vikhroli Link Road, Jogeshwari (East), Mumbai-400060 Tel.: +91 22 4518 4399; website: https://praxisretail.hometown.in/; e-mail: investorrelations@praxisretail.in