Certificate under SEBI (Depositories and Participants) Regulations, 2018

Praxis Home Retail Limited, a publicly traded company in India, has recently complied with **SEBI (Depositories and Participants) Regulations, 2018** by submitting its Reconciliation of Share Capital

28 October 2025
5 min read

Praxis Home Retail Limited, a publicly traded company in India, has recently complied with SEBI (Depositories and Participants) Regulations, 2018 by submitting its Reconciliation of Share Capital report for the quarter ending September 30, 2025. The report, prepared by Mr. Anant Gude from Anant Gude & Associates, practicing Company Secretary, was sent to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on October 28, 2025. This compliance is crucial for maintaining transparency and ensuring adherence to regulatory standards in the capital markets.

As of the end of September 2025, Praxis Home Retail reported an issued capital of 18,49,15,902 shares and a listed capital of 18,49,10,684 shares, indicating a negligible discrepancy of 0.02%. The company’s shares are primarily held in dematerialized form, with 39.76% (6,71,92,687 shares) in CDSL and 60.22% (11,76,93,844 shares) in NSDL. Additionally, the report noted that 24,153 shares are held in physical form, which contributes to the total share count of 18,49,10,684 shares.

A notable point in the report is the abeyance of equity shares resulting from a Scheme of Arrangement between Future Retail Limited and Praxis Home Retail. Specifically, 5,218 equity shares of Praxis are currently held in abeyance, while 1,04,371 shares of Future Retail are also in the same situation. This situation highlights the complexities involved in corporate restructuring and share distribution, which are critical for investors and stakeholders to understand as they navigate the retail sector's evolving landscape.