Relaxo Footwears board approves 42nd AGM, re-appoints directors and KMPs

Management Changes View source PDF Explain this filing

RELAXO · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

-5.8%Reaction day

₹420.75

prior close

₹409.60

announcement price

After-mkt

timing

Nifty Microcap 250market+0.1%-5.8% vs market

Footwear peers, median of 9sector-0.0%-5.7% vs sector

On the reaction day the stock moved 5.8 pts less than Nifty Microcap 250 and 5.7 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.7

15m

-0.3

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.8+0.1-5.8-0.0-5.7

Next day

-5.8+0.2-6.0-0.0-5.8

-9.0+0.6-9.6-0.0-8.9

-11.3-0.0-11.3+1.6-12.9

-10.6+0.5-11.1+0.4-11.0

-10.2+0.8-10.9-0.8-9.3

-12.7+0.6-13.2+0.3-12.9

15d

-17.8+1.3-19.1-1.8-16.0

-25.1-1.4-23.8-2.5-22.6

-28.7-0.6-28.1-9.6-19.1

—————

UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Relaxo Footwears board approved convening the 42nd AGM on September 24, 2026 via video conferencing. It re-appointed Whole Time Directors Nikhil Dua and Gaurav Kumaar Dua (also Co-CEO), and Executive Director Sushil Batra. Co-CEO Ritesh Dua and EVPs Nitin Dua (Retail) and Rahul Dua (Manufacturing), all relatives of directors, were also re-appointed. Terms run up to March 31, 2029.

Likely market impact

Stable leadership continuation. Promoter family members retained in key roles. Routine board exercise, shareholder approval pending.