Praxis Home Retail Ltd - 540901 - Announcement under Regulation 30 (LODR)-Allotment
This is to inform that in terms of the Letter of Offer dated September 9, 2021 and in accordance with the Basis of Allotment finalized in consultation with BSE Limited (Designated Stock Exchange), the Lead Manager to the Issue and the Registrar to the Issue, the Committee of Directors of the Company has, at its meeting held on today, i.e., October 12, 2021, approved the allotment of 4,35,99,433 Rights Equity Shares of face value of Rs. 5 each at a price of Rs. 11.35 per Rights Equity Share including a share premium of Rs. 6.35 per Rights Equity Share.12-10-2021