Relaxo Footwears Acquires 26% Stake in Clean Max MUOI

Relaxo Footwears Ltd has acquired 2,600 equity shares, representing 26% of the paid-up equity share capital of Clean Max MUOI Private Limited (SPV). This acquisition was made from Clean Max Enviro Energy Solutions Limited and is part of Relaxo's prior arrangements for renewable energy procurement under a group captive mechanism for its Haryana manufacturing facilities. Following the acquisition, Clean Max MUOI Private Limited is now an associate of Relaxo Footwears Ltd. This update follows previous intimations made by the company on May 28, June 16, and October 05, 2026.