Praxis Home Retail has informed that in the Company Petition No. CP(IB) No.1111/MB/2022 and CP(IB) No.1113/MB/2022 filed by Central Bank of India against Future Corporate Resources (‘FCRPL’), the Hon’ble National Company Law Tribunal, Mumbai bench, has passed orders on September 24, 2024 admitting FCRPL into corporate insolvency resolution proceedings (CIRP). The FCRPL is one of the Promoters of the Company and holds 415,625 equity shares representing 0.33% of total paid up capital of the Company.
The above information is a part of company’s filings submitted to BSE.
