Board Meeting26 Mar 2026, 06:13 pm
Relaxo Footwears Ltd.: Appointment of Co-Chief Executive Officers
AI Summary
Relaxo Footwears Ltd. announced the appointment of Mr. Gaurav Kumaar Dua as Co-Chief Executive Officer & Whole-time Director and Mr. Ritesh Dua as Co-Chief Executive Officer, both effective from April 1, 2026. The appointments were approved by the Board of Directors in a meeting held on March 26, 2026. Both individuals will continue to receive their existing remuneration, with no changes in their tenure or other terms and conditions of their appointments, which were previously approved by the shareholders for a period of 3 years from October 1, 2023, to September 30, 2026.
Key Highlights
- Relaxo Footwears Ltd. appoints Mr. Gaurav Kumaar Dua as Co-Chief Executive Officer & Whole-time Director and Mr. Ritesh Dua as Co-Chief Executive Officer.
- The appointments are effective from April 1, 2026.
- The appointments were approved in a Board Meeting held on March 26, 2026.
- Both individuals will continue to receive their existing remuneration.
- The tenure and other terms and conditions of their appointments remain unchanged.