RELAXOBSERelaxo Footwears Ltd-$MediumNeutral
Announced Thu, 28 May · 18:30 IST

Change in the Senior Management Personnel (SMP) of the Company

Management Changes View source PDF

RELAXO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.1%1-day move
₹302.00
prior close
₹310.00
base price
After-mkt
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+3.8+6.0+5.7+8.8+8.1+7.8+11.3+13.1+9.7+15.6+18.5+39.3
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AI summary

Relaxo Footwears has restructured its Senior Management Personnel list effective May 28, 2026. Ten existing employees were newly designated as SMP across roles including Vice Presidents for PD, GT Sales, E-commerce, Revenue Growth, Marketing, along with GM Legal, GM Internal Audit, CHRO, AVP IT, and Senior GM Export. One employee, Mr. Rishi Mutreja (Senior GM - SCM), ceased to be categorized as SMP but will continue in his employment. All changes are attributed to internal role redesignations and responsibilities rather than any departures or external appointments.

Likely market impact

This represents routine internal restructuring with no executive departures. The SMP changes reflect internal career movements and reporting structure updates, which are unlikely to materially impact the stock or require shareholder concern.