RELAXONSERelaxo Footwears Limited· Leather And Leather ProductsMediumNeutral
Announced Mon, 4 May · 17:39 IST

Relaxo Footwears Limited has informed the Exchange regarding 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
timing
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 Limited has announced the appointment of Mr. Vijay Kumar as Vice President – Supply Chain Planning & Logistics, designated as a Senior Management Personnel (SMP). The appointment was approved by the Board of Directors on May 4, 2026, based on the recommendation of the Nomination and Remuneration Committee, and will be effective from May 5, 2026. Mr. Vijay Kumar brings over 22 years of experience in Supply Chain Management, Strategic Sourcing, Procurement, Logistics, and Business Planning across FMCG, Consumer Durables, Automotive, and Logistics sectors. He has previously worked with ITC Limited, Videocon Industries Limited, Goodyear India Ltd., Safexpress Pvt. Ltd., and most recently at Sanjay Ghodawat Group. This is a routine senior management appointment aimed at strengthening the company's supply chain operations.

Likely market impact

This appointment is expected to enhance Relaxo's supply chain capabilities and operational efficiency. As this involves an SMP (not a KMP), the impact on stock price is likely neutral to mildly positive, reflecting management's focus on strengthening core operations.