The Board of Directors of Praxis Home Retail Limited at their meeting held on March 14, 2023 has inter-alia considered and approved the appointment of Mr. Samson Samuel as Additional Non-Executive Non-Independent Director of the Company, with effect from March 14, 2023; appointment of Ms. Sanu Kapoor as Company Secretary & Compliance Officer, designated as Key Managerial Personnel of the Company, with effect from March 23, 2023; appointment of Mr. Harminder Sahni, Independent Director of the Company as Chairman of the Board of Directors of the Company, with effect from March 14, 2023. Mr. Samson Samuel is an Engineer with more than 24 years of experience spanning across manufacturing, consulting, IT and supply chain industries. He has worked in India and US in various capacities with organizations of repute like Best Buy, Staples, Lowes, Future Group, Mafatlal Consultancy, Wipro & Cognizant.

He has been associated as with Future Consumer Limited to look after the overall business affairs of its subsidiary operating under the format `Nilgiris'. He has expertise in Retail, Distribution, GoTo Market, IT Strategy & Operations. Ms. Sanu Kapoor is a Qualified Company Secretary has more than 20 years of experience in the field of Secretarial and Legal.

She has worked with various industries namely civil aviation, heavy engineering (elevator), advertising & media, retail, pharmaceutical, construction & manufacturing. She has completed her MBA in Marketing & Finance from Narsee Monjee Institute of Management Studies in 2017 and She also accomplished her LLB and graduation in Commerce. Ms. Kapoor is also a Cost Accountant from The Institute of Cost Accountants of India.

She has specialisation in contract management including pre-contract compliance i.e., review of request for proposal, legal due diligence, commercial negotiations with vendors and post-contract monitoring.