Praxis Grants 500,000 ESOPs at ₹5 Each

Praxis Home Retail's Nomination and Remuneration Committee approved 500,000 stock options at ₹5 per option under ESOP 2024.
Options vest over three years: 40% after first year, 30% after second, and 30% after third year.
Grantees can exercise options within three years from vesting date, with no lock-in on allotted shares.
Disclosure is made under SEBI LODR Regulation 30, with committee meeting held on April 7, 2026.