Appointment

September 25, 2026 BSE Limited National Stock Exchange of India Limited Listing Department Listing Department 25th Floor, P J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 540901 Symbol: PRAXIS Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Change in Management Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that, based on the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, the shareholders of the Company, in the Annual General Meeting held today i.e., on Friday, September 25, 2026, have approved the following: 1. Appointment of Mr. Rahul Gambhir (DIN: 02965566) as an Independent Director of the Company for a period of five (5) years commencing from June 13, 2026, and ending on June 12, 2031 (both days inclusive). 2. Appointment of Mr. Chetranda Somanna Muddaiah (DIN: 11765478) as an Independent Director of the Company for a period of five (5) years commencing from June 13, 2026, and ending on June 12, 2031 (both days inclusive). 3. Appointment of Mr. Mahesh Meenakshisundaram (DIN: 09796548) as an Independent Director of the Company for a period of five (5) years commencing from July 03, 2026, and ending on July 02, 2031 (both days inclusive). The information as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations, and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A. The above information is also being made available on the website of the Company at https://praxisretail.hometown.in/. Kindly take the same on your record. Thanking you, For Praxis Home Retail Limited Charu Srivastava Company Secretary & Compliance Officer ACS No. 27108 Encl: As above 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-A Disclosures under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations, and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as under: Details Particulars Mr. Rahul Gambhir Mr. Chetranda Mr. Mahesh M. Somanna Muddaiah Appointment of Mr. Appointment of Mr. Appointment of Mr. Reason for Change viz appointment, Rahul Gambhir (DIN: Chetranda Somanna Mahesh M. (DIN: 1. resignation, removal, 02965566) as an Muddaiah (DIN: 09796548) as an death or otherwise Independent Director. 11765478) as an Independent Director. Independent Director. Date of appointment June 13, 2026 June 13, 2026 July 03 ,2026 /cessation (as applicable) & term of appointment; Term: Five years Term: Five years Term: Five years Mr. Rahul Gambhir Mr. Chetranda Somanna Mr. Mahesh M. is a possesses over 30 years Muddaiah brings senior industry leader of rich leadership extensive operating and with around 33 years experience across leadership experience in of experience across renowned consumer business scaling, project and product- brands and has a proven omnichannel strategy, led businesses, track record in business profitable growth, and including category growth, transformation, organization building. development, brand and turnaround He combines strategic alliances, business management. thinking with leadership creation, turnaround Throughout his career, mentoring and assignments, category he has held senior performance development and leadership positions transformation, and has growth leadership. His with leading worked across retail, track record includes organizations, including lifestyle, and consumer- building concepts and 3. Brief profile Johnson & Johnson, facing businesses. businesses from the Tommy Hilfiger, Red ground up, Bull, Twinings, and Mr. Muddaiah has held establishing and Monster Energy. leadership positions with strengthening systems Nicobar Design and and processes, and He brings extensive 24Seven Convenience leading customer- experience across Stores. He has also been facing operating multiple business associated with several environments across functions, geographies, well-known multiple business product categories, organizations, including formats. distribution channels, Future Group, Bharti and management Walmart, Barista Coffee, He currently serves as environments, enabling and Levi Strauss & Co. CEO and sector head him to successfully of Creaticity, where he build, scale, and lead He holds a Master’s has led the diverse businesses. His degree in Business development of one of 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 expertise spans strategic Administration from India's leading home planning, sales and Mangalore University. and furniture marketing, business destinations. His development, channel Currently, Mr. Muddaiah previous leadership management, is engaged in providing roles include senior organizational consulting services and positions with leadership, and mentoring founder-led HomeTown, Style Spa operational excellence. businesses on growth, Furniture, and BP purpose, leadership Ergo/VIP Industries. Mr. Gambhir holds a effectiveness, and Bachelor of Technology profitability discipline. He holds a Ph.D. in (B.Tech.) degree from He is also involved in Management Birla Institute of managing a coffee (Marketing) from IBS Technology and plantation ecosystem Hyderabad, with Science, Pilani and a with a focus on research focused on Post Graduate Diploma sustainable and nature- omnichannel retailing in Management led practices. in the furniture (Marketing) from category. Mr. Mahesh Indian Institute of brings expertise in Management business strategy, Bangalore. retail transformation, category development, He is currently engaged sales and marketing, in the consulting consumer behaviour, business, where he and growth advises mid-sized management. enterprises and technology-driven companies on growth strategy, market expansion, channel development, and business transformation initiatives. Mr. Rahul Gambhir is Mr. Chetranda Somanna Mr. Mahesh M. is not 4. Disclosure of relationship not related to any of the Muddaiah is not related related to any of the between Director Directors of the to any of the Directors of Directors of the Company. the Company. Company. Information as required Mr. Rahul Gambhir is Mr. Chetranda Somanna Mr. Mahesh M. is not under BSE circular no. not debarred from Muddaiah is not debarred from holding LIST/COMP/14/2018-19 holding the office of debarred from holding the office of Director and NSE circular no. Director by any SEBI the office of Director by by any SEBI order or NSE/CML/2018/24 dated order or any other such any SEBI order or any any other such June 20, 2018 authority. other such authority. authority. 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