Relaxo Footwears Limited has informed the Exchange regarding Outcome of Board Meeting held on May 28, 2026, Change in Senior Management Personnel (SMP) of the Company.
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Relaxo Footwears' Board of Directors, in their meeting on May 28, 2026, approved changes to the Senior Management Personnel (SMP) list. Ten employees were newly designated as SMP across roles including Vice Presidents of PD, GT Sales, E-commerce, Revenue Growth, Marketing, General Managers of Legal and Internal Audit, Chief HR Officer, Assistant VP IT, and Senior GM Export. One employee, Mr. Rishi Mutreja (Senior GM - SCM), ceased to be categorized as SMP effective the same date. Importantly, this is purely an internal reorganization of SMP classifications due to changes in roles and responsibilities, with no actual cessation of employment for Mr. Mutreja.
This is a routine internal administrative change with no material impact on company operations or strategy. The reorganization expands the SMP list from 10 to 19 personnel, reflecting expanded senior management structure. Investors can view this as normal organizational restructuring.