RELAXONSERelaxo Footwears Limited· Leather And Leather ProductsHighNeutral
Announced Thu, 26 Mar · 17:42 IST

Relaxo Footwears Limited has informed the Exchange regarding Appointment of Chief Financial Officer of the Company w.e.f. April 1, 2026

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-10.4%1-day move
₹266.00
prior close
₹264.10
base price
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AI summary

Relaxo Footwears has appointed Mr. Amit Roy as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective April 1, 2026. Mr. Roy is an internal promotion — he has been with Relaxo for the last 13 years, heading the Taxation Department as Senior General Manager-Finance. He is a Chartered Accountant and Cost Accountant with over 30 years of post-qualification experience in finance, accounts, treasury, taxation, and corporate strategy. Prior to his long stint at Relaxo, he served as VP (F&A) at Dalmia Group's Caretel Infotech and as Divisional Financial Controller at Jubilant Organosys. The appointment was approved by the Board at its meeting on March 26, 2026.

Likely market impact

Internal promotion of a long-serving finance leader is generally a positive signal for shareholders — it brings continuity and deep institutional knowledge to the top finance role, reducing transition risk.