RELAXONSERelaxo Footwears Limited· Leather And Leather ProductsMediumNeutral
Announced Thu, 28 May · 19:18 IST

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.

Management Changes View source PDF

RELAXO · price

Loading chart…

▲ 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
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.8+6.0+5.7+8.8+8.1+7.8+11.3+13.1+9.7+15.6+18.5+39.3
Up moveDown movePending
AI summary

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.

Likely market impact

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.