RELAXONSERelaxo Footwears Limited· Leather And Leather ProductsHighPositive
Announced Thu, 28 May · 19:07 IST

Relaxo Footwears Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 3.50 per equity share.

Corporate Actions View source PDF

RELAXO · price

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

Price reaction · full curve 14 horizons · vs prior close
+8.1%1-day move
₹302.00
prior close
₹310.00
base price
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+3.8+6.0+5.7+8.8+8.1+7.8+11.3+13.1+9.7+15.6+18.5+39.3
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AI summary

Relaxo Footwears' Board of Directors, meeting on May 28, 2026, recommended a final dividend of Rs. 3.50 per equity share of face value Re. 1 (representing a 350% payout) for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting, the date of which will be announced separately. The record date for determining shareholder entitlement to the dividend has been fixed as September 18, 2026. The meeting lasted from 12:30 hrs to 16:20 hrs IST.

Likely market impact

The dividend signals consistent cash generation and rewards shareholders. However, without the current stock price, the yield cannot be assessed. The fixed record date of September 18, 2026 gives investors a clear timeline to qualify for the dividend.