Description
BSE notifies listing and trading permission for 9,01,526 equity shares of Praxis Home Retail Limited issued on preferential basis to non-promoters, effective March 5, 2026.
Summary
BSE has notified trading members that 9,01,526 newly issued equity shares of Praxis Home Retail Limited (Scrip Code: 540901) are listed and permitted to trade on the Exchange with effect from Thursday, March 5, 2026. These shares were issued on a preferential basis to non-promoters at an issue price of Rs. 43.26 per share.
Key Points
- 9,01,526 equity shares of Rs. 5/- each issued at a premium of Rs. 38.26/- per share
- Issued to non-promoters on a preferential basis
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 18,49,10,685 to 18,58,12,210
- ISIN: INE546Y01022
- Issue price: Rs. 43.26 per share
Regulatory Changes
No regulatory changes. This is a standard listing notification following a completed preferential allotment.
Compliance Requirements
Trading members are informed to note the listing of these new securities and update their records accordingly. The shares are subject to lock-in restrictions as detailed below.
Important Dates
- Date of Allotment: November 10, 2025
- Trading Effective From: March 5, 2026
- Lock-in Expiry: September 29, 2026 (for all 9,01,526 shares, Dist. Nos. 18,49,10,685 to 18,58,12,210)
Impact Assessment
This is a routine listing of preferentially allotted shares and has limited market impact. The 9,01,526 shares represent a small addition to the tradable float of Praxis Home Retail Limited. All newly listed shares are under lock-in until September 29, 2026, meaning they cannot be traded until that date, further limiting any immediate market impact.
Impact Justification
Routine preferential allotment listing for a small number of shares in a mid-cap company; limited broader market impact.