View document text
April 09, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’ C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai- 400 001 Mumbai – 400 051
BSE Scrip Code:540901 Symbol: PRAXIS
Dear Sir / Madam,
Sub: Declaration under Regulation 31(4) of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,
2011, promoters of a target company must annually declare whether they, along with persons acting in
concert, have made any encumbrance on shares, directly or indirectly, other than those already disclosed
during the financial year.
Accordingly, I, Vivek Biyani, being a member of the promoter group of Praxis Home Retail Limited (“the
Company”) hereby declare and confirm, on behalf of promoters, other members of the promoter group, and
persons acting in concert, that no further encumbrance, whether directly or indirectly, has been made on the
shares of the Company during the financial year ended March 31, 2026.
List of Promoter, Members of the Promoter Group and Persons Acting in Concert along with their
Shareholding in the Company as on March 31, 2026 for which this declaration is made is enclosed as
Annexure A.
Thanking You,
For and on behalf of Promoter Group of Praxis Home Retail Limited
Vivek Biyani
The Compliance Officer
The members of the Audit Committee
Praxis Home Retail Limited
2nd Floor, Knowledge House, Shyam Nagar,
Off Jogeshwari-Vikhroli Link Road,
Jogeshwari (East), Mumbai 400060
Annexure A
List of Promoter, Members of the Promoter Group and Persons Acting in Concert along with their
Shareholding in Praxis Home Retail Limited (“Praxis”) as on March 31, 2026
Sr No. Name of the Promoter, Promoter Group and No. of Equity Shareholding as a %
Persons Acting in Concert Shares Held of total no. of shares
1 Avni Kishorkumar Biyani 46,72,499 2.51
2 Sangita Kishore Biyani 23,02,730 1.24
3 Ashni Kishore Biyani 13,937 0.01
4 Anil Biyani 414 0.00
5 Kishore Biyani 414 0.00
6 Laxminarayan Bansilal Biyani 414 0.00
7 Vijay Biyani 414 0.00
8 Vivek Biyani 414 0.00
9 Gopikishan Biyani 251 0.00
10 Rakesh Biyani 251 0.00
11 Sunil Biyani 251 0.00
12 Surplus Finvest Private Limited 60,23,706 3.24
13 Future Hospitality Private Limited 0 0.00
14 Akar Estate And Finance Private Limited 118 0.00
15 Future Corporate Resources Private Limited** 4,15,625 0.22
16 Retail Trust 0 0.00
17 Common Good Family Trust 0 0.00
** Future Corporate Resources Private Limited [“FCRPL”] is a corporate Promoter of Praxis which holds
4,15,625 equity shares representing 0.22% of the paid up share capital of the Company. FCRPL has been
admitted to corporate insolvency under the order of Hon’ble National Company Law Tribunal, Mumbai bench
(“NCLT”) on 24th September 2024 and Interim Resolution Professional (“IRP”) was appointed by the NCLT for
conducting Corporate Insolvency Resolution Process (CIRP) under the applicable provisions of the Insolvency
and Bankruptcy Code, 2016. Although Praxis continues to categorize FCRPL as its corporate Promoter,
FCRPL shall not be construed to have been acting in consonance with rest of the persons and entities forming
part of Promoter Group of Praxis since management and control of affairs of FCRPL are now under the control
of the Resolution Professional appointed by the Hon’ble NCLT.