You are making a simple solution of meeting effective mission objective too much complicated. Rocket force has yet to come up for us to know about its components and structure. Anyway we are coming up with theatre command structure where Rocket force could act in conjuncture with artillery corp.Seems suboptimal to me, then mlpgm can only target areas where each can see through its own seeker window effectively each mlpgm having its own sector. If not networked then targets of opportunity will be missed as they won't be able to prioritise between them. If the seeker sectors intersect, it can lead to multiple mlpgm assigned to single target. Also braking mechanism, you are suggesting, there is no source or proof of that, I am not completely sure. And the biggest of reason, mmw seeker can't differentiate between types of targets whether it is a tank or a ballistic missile TEL.
So, I would say that what you are proposing is seriously limiting design and only utility can be to target enemy armoured columns. But then again if Pralay is meant for rocket forces then it won't be in their mission ops, some pralays will have to be under artillery corps for such missions and perhaps a new missile design would be needed given that you don't really need 500km or 350km range to target enemy columns, just 200km would suffice, anyways gettinng ISR on moving enemy targets would be a giant pain.
For purposes to attack enemy radar sites, ballistic missile TELs, other such targets, a missile with mini turbojet which can loiter for 30+ min and weighs similiar to mlpgm at less than 50kgs, and able to cover a much larger search area. Such a system already exists, LOCAAS of US achieved that in 2000s, no reason for us to stick to such a primitive design.
Present mlpgm is just good for armoured columns and not for other missions.
Mission profile would essentially dictate the design.
Now coming to MLPGM itself, if we suppose that 4 of these are packed together and each one is released at an angle of 90 degree from each other, what are the chances of each one homing in on a same target in an artillery or armoured column. Moreover, if you want to take out a specific target among a cluster of various targets, you would have to use CMs. PGM loaded TBM are not an option for that. These are to saturate a target area rather then taking out specific target in an area.