NSEAgreements24 Jun 2026 · 24 Jun 2026, 05:58 pm

Agreements

Praxis Home Retail Limited · PRAXIS

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Praxis Home Retail Limited has entered into a Loan Agreement with CMS IT Services Private Limited for availing an unsecured loan of up to Rs. 14.50 crores. The loan is to be used for working capital requirement and general corporate purposes.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Praxis Home Retail Limited has informed the Exchange about Loan Agreement.

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PRAXIS_24062026175652_20260624_ICD_from_CMS.pdf

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Date: June 24, 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 Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) this is to inform you that, the Praxis Home Retail Limited (“the Company”) has entered into a Loan Agreement dated June 23, 2026 with CMS IT Services Private Limited for availing an unsecured loan not exceeding Rs. 14,50,00,000/- (Rupees Fourteen Crores Fifty Lakhs Only) in one or more tranches on and before March 31, 2027. The information as required under Regulation 30 read with Part A of Schedule III of the SEBI LODR Regulations, SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A. The above information is also being made available on the website of the Company at www.praxisretail.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: www.praxisretail.in; e-mail: investorrelations@praxisretail.in Annexure-A Sr. Details Particulars Name(s) of parties with whom the CMS IT Services Private Limited (Lender) agreement is entered To avail Unsecured, Inter Corporate Loan from the Lender 2. Purpose of entering into the agreement for working capital requirement and general corporate purpose. Rs. 14.50 Crores to be availed in one or more tranches on 3. Size of agreement and before March 31, 2027. Shareholding, if any, in the entity with whom 4. Not Applicable the agreement is executed Significant terms of the agreement (in brief) The Company is availing an unsecured, inter-corporate special rights like right to appoint directors, loan at an interest rate of 11% per annum for a period of 6 5. first right to share subscription in case of months subject to mutual written agreement for extension issuance of shares, right to restrict any of the tenure. change in capital structure etc Whether the said parties are related to 6. promoter/promoter group/ group companies Not Applicable in any manner. If yes, nature of relationship Whether the transaction would fall within 7. related party transactions? If yes, whether Not Applicable the same is done at “arm’s length”; In case of issuance of shares to the parties, Not Applicable details of issue price, class of shares issued Lender: CMS IT Services Private Limited In case of loan agreements, details of Borrower: Praxis Home Retail Limited lender/borrower, nature of the loan, total Nature of loan- Unsecured, Inter-Corporate Loan amount of loan granted/taken, total amount Total amount of loan sanctioned- 14.5 crores outstanding, date of execution of the loan Total amount of loan taken- 4 crores 9. agreement/sanction letter, details of the Total amount outstanding- 4 crores security provided to the lenders / by the Date of execution of the loan agreement- June 23, 2026 borrowers for such loan or in case Details of the security provided to the lenders / by the outstanding loans lent to a party or borrowed borrowers for such loan or in case outstanding loans from a party become material on a lent to a party or borrowed from a party become cumulative basis material on a cumulative basis: Not Applicable Any other disclosures related to such agreements, viz., details of nominee on the 10. board of directors of the listed entity, Not Applicable potential conflict of interest arising out of such agreements, etc In case of termination or amendment of agreement: a. name of parties to the agreement b. nature of the agreement Not Applicable c. date of execution of the agreement d. details of amendment and impact thereof or reasons of termination and impact 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: www.praxisretail.in; e-mail: investorrelations@praxisretail.in