Relaxo Footwears Limited has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of 3.00 per equity share.
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Relaxo Footwears' Board, at its meeting on May 9, 2025, has recommended a final dividend of ₹3 per equity share (300% on face value of ₹1) for the financial year ended March 31, 2025, subject to shareholder approval at the upcoming AGM. The record date for determining eligible shareholders has been set as Thursday, August 21, 2025, and the dividend, if approved, will be paid on or before September 26, 2025. The 41st Annual General Meeting is scheduled for August 28, 2025, to be held via video conferencing. Additionally, the Board approved the appointment of M/s. Chandrasekaran Associates as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.
The ₹3 dividend rewards shareholders for FY25, though the yield is modest given the stock's market price. The dividend is still subject to shareholder approval at the AGM, and the stock may trade ex-dividend ahead of the August 21, 2025 record date.