Relaxo Footwears Board Recommends Final Dividend of Rs. 3.50 Per Share
Relaxo Footwears Limited announced that its Board of Directors, in a meeting held on May 28, 2026, considered and recommended a final dividend for the financial year ended March 31, 2026.The Board recommended a final dividend of Rs. 3.50 per equity share. This amount represents 350% of the face value of Re. 1 per share.
The company also confirmed that the Record Date for determining the entitlement of members for the dividend payment has been set as September 1, 2026.
The company noted that the date of the Annual General Meeting (AGM), where the dividend recommendation is to be approved by members, will be intimated in due course.
RELAXO Stock Price Movement
Relaxo Footwears Limited shares today edged higher to close at ₹345.3, gaining 12.33% and settling up ₹37.25 from the previous close. The stock recorded robust trading activity, with the equity trading today within a range of ₹310 to ₹358, on a total volume of 16.84 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.