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The latest announcement is out from Praxis Home Retail Ltd. ( (IN:PRAXIS) ).
Praxis Home Retail Limited has announced the resignation of senior management member Mr. Ketan Gandhalikar, who served as Category Head and Head-Furniture, effective from the close of business on January 2, 2025, citing personal reasons and better opportunities, with the company confirming there are no other material reasons for his departure. The exit of a key category head, particularly overseeing the furniture segment, signals a notable change in the company’s leadership structure and could have operational implications for category strategy and execution, though Praxis has not yet disclosed its succession or replacement plans.
More about Praxis Home Retail Ltd.
Praxis Home Retail Limited operates in India’s home retail sector, offering a range of home improvement, furniture, and related lifestyle products through its retail network and digital channels, targeting urban consumers seeking organized, branded home solutions.
Average Trading Volume: 32,416
Technical Sentiment Signal: Sell
Current Market Cap: 1.7B INR
Learn more about PRAXIS stock on TipRanks’ Stock Analysis page.