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.

Praxis Home Retail Limited has announced the grant of 5,00,000 stock options to eligible employees under its Employee Stock Option Plan 2024. The company's Nomination and Remuneration Committee approved this grant during its meeting held on April 07, 2026.

Stock Option Grant Details

The committee meeting, which commenced at 4:05 p.m. and concluded at 4:16 p.m., approved the grant with specific terms and conditions. The stock options have been granted at an exercise price of Rs. 5 per option, which matches the face value of the company's equity shares.

Vesting Schedule and Exercise Period

The granted options follow a three-year vesting schedule designed to retain employees over the long term. The vesting structure provides a front-loaded approach with the largest portion vesting in the first year.

Employees can exercise their vested options within a period of three years from the respective vesting dates, providing flexibility in timing their exercise decisions.

Scheme Compliance and Terms

The Employee Stock Option Plan 2024 complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The scheme includes comprehensive provisions for various employment scenarios including death, permanent incapacity, resignation, termination, and retirement.

The plan also incorporates adjustment mechanisms for corporate actions such as:

• Rights issues and bonus issues
• Stock splits or consolidation of equity shares
• Mergers, amalgamations, or sale of divisions
• Other corporate reorganizations

Equity shares allotted upon exercise of the stock options will not be subject to any lock-in restrictions, providing immediate liquidity to employees upon exercise.