Relaxo Footwears Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Aug-2025.
RELAXO · price
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On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.2 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Relaxo Footwears' Board has recommended a final dividend of INR 3 per equity share (300% on face value of INR 1) for the financial year ended March 31, 2025, pending shareholder approval at the upcoming AGM. The record date for determining dividend entitlement has been set as Thursday, August 21, 2025, with payment to eligible shareholders on or before September 26, 2025. The 41st Annual General Meeting will be held on August 28, 2025 at 10:30 a.m. via video conferencing. Additionally, M/s. Chandrasekaran Associates has been appointed as Secretarial Auditor for a five-year term starting FY 2025-26, subject to shareholder approval.
Shareholders holding shares as of the record date (August 21, 2025) will be eligible to receive the final dividend. The dividend announcement reflects continued shareholder returns, though investors should note the dividend is on a small face value of INR 1, and the actual yield relative to the current market price may be modest.