Relaxo Footwears Limited has informed the Exchange about change in Management

Kmp ResignedManagement Changes View source PDF Explain this filing

RELAXO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.4%Reaction day

₹483.50

prior close

₹466.70

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%-5.6% vs market

Footwear peers, median of 9sector+0.0%-6.4% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 6.4 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.3

15m

+0.2

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.4-0.7-5.6+0.0-6.4

Next day

-8.3-2.3-6.0-2.0-6.3

-8.5-1.8-6.7-2.1-6.4

-9.8-2.1-7.7-2.9-6.9

-9.0-3.2-5.8-5.0-4.0

-6.7-3.5-3.2-5.6-1.2

-10.1-4.1-6.0-7.7-2.4

15d

-1.4-2.0+0.5-4.6+3.2

+0.5-3.4+3.9-4.0+4.5

-8.4-5.1-3.3-4.6-3.8

-9.7-1.3-8.4-5.9-3.8

UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Ankit Jain has resigned from the position of Company Secretary & Compliance Officer of Relaxo Footwears Limited, a role classified as a Key Managerial Personnel (KMP) and Senior Management Personnel. He submitted his resignation letter on June 20, 2025, and his last working day will be August 19, 2025 (close of business hours). Mr. Jain cited personal and professional aspirations as the reason and stated there are no other material reasons for his departure. The disclosure was filed under SEBI Listing Regulations and signed by CFO Prince Jain. No successor has been announced in this filing.

Likely market impact

This is a routine KMP-level exit with a planned transition period of nearly two months, giving the company time to appoint a replacement. For shareholders, this is a low-impact event with no governance red flags, though the timing of a successor appointment will be worth tracking.