Relaxo Footwears Limited has informed the Exchange under Regulation 30 (5) of SEBI (LODR) Regulations, 2015 about the updated contact details of the company's nominated persons for determining the material events and/ or information.
RELAXO · price
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On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.1 pts more 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 has informed the stock exchanges about the appointment of Mr. Prince Jain as the new Chief Financial Officer of the company, effective May 16, 2025. The board approved this appointment in its meeting held on May 15, 2025. Along with this, the company has shared updated contact details of its Key Managerial Personnel (KMPs) — including Chairman & Managing Director Ramesh Kumar Dua, CFO Prince Jain, and Company Secretary Ankit Jain — who are the nominated persons for determining and disclosing material events under SEBI Listing Regulations. The Company Secretary will serve as the single point of contact.
A new CFO appointment signals a change in the company's top financial leadership, which shareholders should monitor closely. The market may react based on the new CFO's track record and strategic direction, though routine KMP updates are generally viewed as administrative filings.