Praxis Home Retail Appoints Ravi Venkatraman as Additional Independent Director

Praxis Home Retail Limited has announced the appointment of Mr. Ravi Venkatraman as an Additional Independent Director to its Board of Directors. The approval for this appointment was passed via circ...

Praxis Home Retail Limited has announced the appointment of Mr. Ravi Venkatraman as an Additional Independent Director to its Board of Directors. The approval for this appointment was passed via circulation resolution by the Board of Directors on December 29, 2025, based on the recommendation of the Nomination & Remuneration Committee. Mr. Venkatraman's term as an Additional Independent Director will be for five consecutive years, commencing from December 30, 2025. His appointment is subject to the subsequent approval of the shareholders in a general meeting. Mr. Ravi Venkatraman is a seasoned finance professional with over four decades of experience in the BFSI sector. He is a Chartered Accountant (ACA), Cost Accountant (ICWA), and Commerce graduate. He previously served as Executive Director & Chief Financial Officer of Mahindra & Mahindra Financial Services Limited until July 2020. He is not related to any of the Directors of Praxis Home Retail Limited and is not debarred from holding the office of Director by any SEBI order or other authority.

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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 appointment of an independent director is a routine corporate governance event and does not inherently suggest a positive or negative shift in the company's performance or outlook.

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Praxis Home Retail Appoints Ravi Venkatraman as Additional Independent Director

December 29, 2025, 03:14 PM

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Praxis Home Retail Limited has announced the appointment of Mr. Ravi Venkatraman as an Additional Independent Director to its Board of Directors.

The approval for this appointment was passed via circulation resolution by the Board of Directors on December 29, 2025, based on the recommendation of the Nomination & Remuneration Committee.

Mr. Venkatraman's term as an Additional Independent Director will be for five consecutive years, commencing from December 30, 2025. His appointment is subject to the subsequent approval of the shareholders in a general meeting.

Mr. Ravi Venkatraman is a seasoned finance professional with over four decades of experience in the BFSI sector. He is a Chartered Accountant (ACA), Cost Accountant (ICWA), and Commerce graduate. He previously served as Executive Director & Chief Financial Officer of Mahindra & Mahindra Financial Services Limited until July 2020. He is not related to any of the Directors of Praxis Home Retail Limited and is not debarred from holding the office of Director by any SEBI order or other authority.

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