Please find attached update.

Date: August 18, 2026 To, To, BSE Limited National Stock Exchange of India Limited Dept. of Corporate Services Listing Department 25th Floor, P J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001. Bandra (East), Mumbai – 400051. Scrip Code: 540901 Symbol: PRAXIS Sub.: Intimation of decision of the NSE Limited on the application for re-classification from Promoter to Public category as per Regulation 31(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ref.: NSE/LIST/PRAXIS/497/2026-2027 Dear Sir/ Madam, In relation to the application initially submitted by the Company on June 09, 2025, and subsequently resubmitted on August 12, 2026, seeking re-classification of certain shareholders from the ‘Promoter’ category to the ‘Public’ category, the Stock Exchanges sought certain documents, information and clarifications from the Company in connection with the application. The Company was in the process of collating the requisite documents and information from the concerned stakeholders and, upon completion of the collation process, resubmitted the application along with the requisite documents and information. However, the National Stock Exchange of India Limited (“NSE”) subsequently rejected/closed the application on the ground that the application had been closed due to prolonged submission. The NSE further informed the Company that, if it intends to pursue the matter further, it may do so by filing a fresh application along with the applicable fees. The Company is accordingly evaluating the next course of action in relation to the proposed re- classification. Yours faithfully, Charu Srivastava Company Secretary and Compliance Officer ACS No. 27108 PRAXIS HOME RETAIL LIMITED CIN: L52100MH2011PLC212866 Regd. Off. 2nd Floor, Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai 400 060 Tel: +91 22 4518 4399; website: www.praxisretail.in; e-mail: investorrelations@praxisretail.in Ref: NSE/LIST/PRAXIS/497/2026-2027 Date: August 12, 2026 The Company Secretary Praxis Home Retail Limited (‘the listed entity’) 2nd Floor, Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari East Mumbai 400060 Subject: Application for Reclassification of Promoter(s)/Promoter Group(s) to Public Category under Regulation 31A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, (‘SEBI LODR Regulations’) Dear Sir / Madam, This is in reference to your application dated July 21, 2025, seeking no-objection from the National Stock Exchange for reclassification of promoter /promoter group (list enclosed below) to public category under Regulation 31A of SEBI LODR Regulations. Sr. No. Name of Outgoing Promoters/ Promoter groups who are seeking for reclassification 1. Avni Kishorkumar Biyani 2. Sangita Kishore Biyani 3. Ashni Kishore Biyani 4. Anil Biyani 5. Kishore Biyani 6. Laxminarayan Bansilal Biyani 7. Vijay Biyani 8. Vivek Biyani 9. Gopikishan Biyani 10. Rakesh Biyani 11. Sunil Biyani 12. Future Corporate Resources Pvt Ltd 13. Surplus Finvest Private Limited 14. Akar Estate and Finance Private Limited In response to the application submitted under Regulation 31A of the SEBI LODR, it was observed that queries/clarifications raised by the Exchange have remained unaddressed despite multiple follow ups. Accordingly, the application of the promoters/promoter groups for seeking reclassification cannot be considered under Regulation 31A of the SEBI LODR Regulations and is being returned due to the prolonged non-response. You may submit a fresh application along with complete set of requisite documents and applicable fees, if you wish to pursue the matter further. Yours faithfully, for National Stock Exchange of India Limited Ajit Mahadik Senior Manager – Listing Compliance CC: National Securities Depository Limited Central Depository Services Limited 301, G-Block, Plot No. C-32, Naman Chambers, Marathon Futurex, A-Wing, 3rd Floor, Bandra Kurla Complex, Bandra East, 25th floor, NM Joshi Marg, Mumbai, Maharashtra, 400051 Lower Parel, Mumbai - 400 073 Non-Confidential