RELAXOBSERelaxo Footwears Ltd-$MediumNeutral
Announced Mon, 4 May · 17:35 IST

Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Appointment of Senior Management Personnel (SMP)

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹300.00
prior close
₹301.60
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.5-0.3-0.4+1.0+1.7+3.3+3.9-3.3-2.0+0.6+10.4+33.3
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AI summary

Relaxo Footwears has appointed Mr. Vijay Kumar as Vice President – Supply Chain Planning & Logistics, designated as a Senior Management Personnel (SMP), effective May 5, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Vijay Kumar brings over 22 years of experience in Supply Chain Management, Strategic Sourcing, Procurement, Logistics, and Warehousing across FMCG, Consumer Durables, Automotive, and Logistics sectors. He previously held leadership roles at ITC Limited, Videocon Industries, Goodyear India, Safexpress, and most recently at Sanjay Ghodawat Group as VP – SCM. He holds a PG Diploma in Supply Chain Management from IMT Ghaziabad and is Six Sigma Green Belt certified.

Likely market impact

This appointment strengthens Relaxo's supply chain leadership with an experienced professional who has a track record of driving supply chain transformation and digital initiatives. It signals the company's focus on operational efficiency and supply chain optimization, which could positively impact cost structures and execution capability.