StockWatch
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Footwear
Management Change13 Aug 2026, 05:24 pm

Relaxo Footwears Board Approves Re-appointment of Directors & KMPs

AI Summary

Relaxo Footwears Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved and recommended the re-appointment of several key personnel. This includes Mr. Nikhil Dua as Whole-Time Director, Mr. Gaurav Kumaar Dua as Co-Chief Executive Officer & Whole-Time Director, Mr. Ritesh Dua as Co-Chief Executive Officer, Mr. Nitin Dua as Executive Vice President (Retail), and Mr. Rahul Dua as Executive Vice President (Manufacturing). Additionally, Mr. Sushil Batra was re-appointed as Whole-Time Director designated as Executive Director. The re-appointments are for terms commencing between October 1, 2026, and April 1, 2027, and concluding on March 31, 2029, subject to shareholder approval. The Board also approved a revision in the list of Senior Management Personnel, adding Mr. Ashish Nigam as Head - Central Purchase. The 42nd Annual General Meeting is scheduled for September 24, 2026.

Key Highlights

  • Board approved re-appointment of Whole-Time Directors and KMPs.
  • Key personnel re-appointments are for terms up to March 31, 2029.
  • Senior Management Personnel list updated with new addition.
  • 42nd Annual General Meeting scheduled for September 24, 2026.
  • Re-appointments are subject to shareholder approval.