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The latest update is out from Praxis Home Retail Ltd. ( (IN:PRAXIS) ).
Praxis Home Retail Limited has appointed Shashwat Nigam as Chief Executive Officer and additional director for a three-year term starting 3 February 2026, following approval by its board and nomination and remuneration committee, and subject to shareholder approval. The company positions this leadership change as a key move to stabilise the business and drive a comprehensive turnaround and value-creation agenda, leveraging Nigam’s 18 years of experience in building and scaling consumer-centric businesses, recent hands-on involvement in Praxis’s restructuring and performance initiatives, and prior leadership roles at Entero Healthcare, Hindustan Unilever, and startup ventures, signalling an intensified focus on operational discipline and long-term performance improvement for stakeholders.
More about Praxis Home Retail Ltd.
Praxis Home Retail Limited operates in the Indian home retail sector, running consumer-focused retail formats that offer a wide range of home-related products and solutions to households across its markets.
Average Trading Volume: 17,225
Technical Sentiment Signal: Sell
Current Market Cap: 1.34B INR
Learn more about PRAXIS stock on TipRanks’ Stock Analysis page.