Relaxo Footwears Limited has informed the Exchange about Change in Senior Management Personnel of the Company
RELAXO · price
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Relaxo Footwears Limited has informed the stock exchanges that Mr. Surender Bansal, Vice President – Sales and a Senior Management Personnel (SMP), has resigned from the company. His resignation letter is dated July 10, 2025, and he will be relieved from the close of business hours on October 9, 2025, giving roughly a three-month notice period. In his letter, Mr. Bansal cited personal reasons for the decision and spoke positively about his time at the company. The role of VP – Sales is a senior operational position but does not fall under Key Managerial Personnel (which includes the CEO/MD, CFO, and Company Secretary).
This is a routine mid-to-senior level operational departure with a long transition window, so near-term disruption should be limited. Investors will likely wait to see who replaces him and whether sales momentum is affected in the coming quarters.