Praxis Home Retail Limited announced a private placement to issue 4,507,629 convertible pre-paid convertible warrants at an issue price of INR 10.815 for the gross proceeds of INR 48,750,007.635 on March 29, 2024. The transaction will include participation from individual investor Bennett, Coleman And Company Limited for 4,507,629 warrants. The transaction has been approved by the shareholders of the company.