ReferIndia News Praxis Home Retail secures ₹14.50 crore loan from CMS IT Services

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Praxis Home Retail secures ₹14.50 crore loan from CMS IT Services

Published on: June 24, 2026, 6:42 p.m. | Source: scanx.trade

Praxis Home Retail Limited entered into a loan agreement with CMS IT Services Private Limited to avail an unsecured loan of ₹14.50 crore. The loan carries an interest rate of 11% per annum and is repayable over six months, extendable by mutual agreement. The funds will be utilized for working capital requirements and general corporate purposes.

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