NSEAgreements24 Jun 2026 · 24 Jun 2026, 05:58 pm
Agreements
Praxis Home Retail Limited · PRAXIS
✦ AI SummaryDebt Restruc.
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.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Praxis Home Retail Limited has informed the Exchange about Loan Agreement.
Attachments (1)
📄pdf
Download →
PRAXIS_24062026175652_20260624_ICD_from_CMS.pdf
View document text
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