Praxis Home Retail Announces Resignation of Senior Management Personnel

Praxis Home Retail Limited has announced the resignation of Mr. Ketan Gandhalikar, who held the position of Category Head and was considered Senior Management Personnel as per SEBI (LODR) Regulations,...

Praxis Home Retail Limited has announced the resignation of Mr. Ketan Gandhalikar, who held the position of Category Head and was considered Senior Management Personnel as per SEBI (LODR) Regulations, 2015. The resignation is effective from the close of business hours on January 02, 2025. Mr. Gandhalikar has cited personal reasons and better opportunities as the basis for his resignation. He has confirmed that there are no other material reasons beyond those stated in his resignation letter. The company has submitted the necessary disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of the resignation letter has also been enclosed with the filing.

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Why is Praxis Home Retail Limited in the news today?

Praxis Home Retail Limited (PRAXIS) is in the news due to the resignation of a senior management personnel is a routine event and does not inherently indicate positive or negative performance for the company.

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Praxis Home Retail Announces Resignation of Senior Management Personnel

January 3, 2026, 07:49 AM

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Praxis Home Retail Limited has announced the resignation of Mr. Ketan Gandhalikar, who held the position of Category Head and was considered Senior Management Personnel as per SEBI (LODR) Regulations, 2015. The resignation is effective from the close of business hours on January 02, 2025.

Mr. Gandhalikar has cited personal reasons and better opportunities as the basis for his resignation. He has confirmed that there are no other material reasons beyond those stated in his resignation letter.

The company has submitted the necessary disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of the resignation letter has also been enclosed with the filing.

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