Relaxo Footwears Limited has informed the Exchange about change in Senior Management Personnel of the Company
RELAXO · price
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Relaxo Footwears has informed the stock exchange that four senior management personnel will no longer be classified as SMPs under SEBI regulations, effective July 30, 2025. The four individuals affected are Mr. Rakesh Singh Gautam (VP - HR), Mr. Supriyam Vatsa (Sr. GM - Finance), Mr. Amit Roy (Sr. GM - Finance), and Mr. Ajay Kumar Agarwal (GM - Finance). Importantly, this change is purely due to a revision in the company's internal reporting structure, and none of these employees are leaving the company. They will all continue in their roles under the new organizational hierarchy.
This is a routine administrative disclosure and not material to shareholders. No senior executive is exiting the company, and there is no change in leadership, financial control, or business strategy. Investors are unlikely to see any meaningful impact on the stock price from this announcement.