Praxis home retail Limited has announced a significant leadership change with the appointment of Mr. Ravi Venkatraman as Chairperson of the Company. The appointment was made with immediate effect on April 15, 2026, following unanimous approval by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

Board Appointment Details

The Board meeting, which commenced at 10:35 a.m. and concluded at 12:16 p.m. on April 15, 2026, considered and approved Mr. Venkatraman's appointment as Chairperson in addition to his existing role as an Independent Director of the Company.

Professional Background

Mr. Ravi Venkatraman brings extensive experience to his new role as Chairperson. A qualified Chartered Accountant (ACA), Cost Accountant (ICWA), and Commerce graduate, he is a seasoned finance professional with over four decades of experience in the BFSI sector. He retired in July 2020 as Executive Director & Chief Financial Officer of Mahindra & Mahindra Financial Services Limited, where he played a pivotal role in corporate strategy, capital raising, governance, risk management, regulatory engagement, and technology transformation.

Key Contributions and Experience

During his tenure at Mahindra Group, Mr. Venkatraman was part of the core team involved in setting up and growing several financial services entities, including:

• Mahindra Rural Housing Finance
• Mahindra Insurance Brokers
• Mahindra Manulife Mutual Fund
• Mahindra Finance USA

As a respected board professional, he has served on the boards of multiple listed and unlisted companies across financial services, insurance, asset management, fintech, and banking sectors. He continues to hold independent directorships and advisory roles and has received numerous national and international recognitions for excellence in finance, leadership, and corporate governance.

Current Directorships

Mr. Venkatraman currently holds directorships in several listed entities:

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Venkatraman is not related to any of the Directors of the Company and is not debarred from holding the office of Director by any SEBI order or any other authority. The information regarding this appointment has been made available on the company's website at www.praxisretail.in .

Praxis Home Retail Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the mandatory certificate to both BSE Limited and National Stock Exchange of India Limited on April 07, 2026. The filing relates to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which governs the dematerialisation process and securities handling procedures.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime (India) Private Limited, serves as the company's Registrar & Share Transfer Agent. The registrar issued the compliance certificate on April 06, 2026, confirming adherence to regulatory requirements.

The certificate validates that securities received from depository participants for dematerialisation during Q4 FY26 were properly processed. MUFG Intime confirmed that all securities were appropriately accepted or rejected to the depositories, and that the securities have been listed on stock exchanges where the company's earlier issued securities are traded.

Dematerialisation Process Compliance

The registrar's confirmation covers several key compliance areas:

• Securities received for dematerialisation were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after proper verification by depository participants
• Depositories' names were substituted in the register of members as registered owners
• All processes followed the regulatory framework established by SEBI

Corporate Governance

Charu Srivastava, Company Secretary and Compliance Officer (ACS No. 27108), signed the filing on behalf of Praxis Home Retail Limited. The submission reflects the company's commitment to maintaining regulatory compliance and transparent corporate governance practices.

The filing represents routine quarterly compliance activity, ensuring that the company's dematerialisation processes align with SEBI's regulatory framework for depositories and participants.