Management Change26 Mar 2026, 06:32 pm
Relaxo Footwears Ltd: Ritesh Dua and Gaurav Kumaar Dua Re-Designated as Co-Chief Executive Officers
AI Summary
Relaxo Footwears Ltd has announced the re-designation of Mr. Ritesh Dua, Executive Vice President (Finance), as Co-Chief Executive Officer (Co-CEO) and Mr. Gaurav Kumaar Dua, Whole time Director, as Co-Chief Executive Officer & Whole-time Director (Co- CEO & WTD) of the Company, effective April 1, 2026. Both individuals will continue to receive their existing remuneration, with no changes to their tenure or other terms and conditions of their appointments, which were approved by the shareholders at the AGM held on August 24, 2023, for a period of 3 years from October 1, 2023, to September 30, 2026.
Key Highlights
- Mr. Ritesh Dua re-designated as Co-Chief Executive Officer (Co-CEO) of Relaxo Footwears Ltd.
- Mr. Gaurav Kumaar Dua re-designated as Co-Chief Executive Officer & Whole-time Director (Co- CEO & WTD) of the Company.
- Their appointments will take effect on April 1, 2026.
- Their remuneration, tenure, and other terms and conditions of their appointments remain unchanged.
- Their appointments were approved by the shareholders at the AGM held on August 24, 2023, for a period of 3 years from October 1, 2023, to September 30, 2026.