Relaxo Footwears Limited Approves Key Management Appointments and Outlines AGM Details
Relaxo Footwears Limited, following a Board meeting held on August 13, 2026, approved several key re-appointments across its senior management team and announced important details regarding its upcoming Annual General Meeting (AGM). The board decisions included the re-appointment of multiple directors and executives, subject to shareholder approval.The Board’s actions focused on strengthening internal leadership through the confirmation of existing personnel and recognizing new additions to the company's management structure.
Key appointments approved by the Board include:
- Nikhil Dua: Re-appointed as a Whole Time Director, liable to retire by rotation.
- Gaurav Kumaar Dua: Re-appointed as Co-Chief Executive Officer and Whole Time Director, liable to retire by rotation.
- Ritesh Dua: Re-appointed as Co-Chief Executive Officer.
- Nitin Dua: Re-appointed as Executive Vice President (Retail).
- Rahul Dua: Re-appointed as Executive Vice President (Manufacturing).
- Sushil Batra: Re-appointed as a Whole Time Director designated as Executive Director.
The appointments are set for the following terms and effective dates, subject to shareholder approval:
| Name | New Role/Designation | Term Commencing | Type of Appointment |
|---|---|---|---|
| Nikhil Dua | Whole Time Director | October 1, 2026 | Re-appointment (Liable to retire by rotation) |
| Gaurav Kumaar Dua | Co-Chief Executive Officer & Whole Time Director | October 1, 2026 | Re-appointment (Liable to retire by rotation) |
| Ritesh Dua | Co-Chief Executive Officer | October 1, 2026 | Re-appointment |
| Nitin Dua | Executive Vice President (Retail) | October 1, 2026 | Re-appointment |
| Rahul Dua | Executive Vice President (Manufacturing) | October 1, 2026 | Re-appointment |
| Sushil Batra | Whole Time Director / Executive Director | April 1, 2027 | Re-appointment |
The Board meeting also approved the addition of Mr. Ashish Nigam to the list of Senior Management Personnel (SMP). Mr. Nigam has been appointed as Head - Central Purchase and is set to commence his duties following changes in internal reporting structure, roles, designations, and responsibilities.
AGM Details
In addition to the management decisions, the Board convened the Annual General Meeting (AGM) of the Company. The AGM is scheduled for Thursday, September 24, 2026, at 10:30 a.m. The meeting will be held through Video Conferencing or Other Audio Visual Means (OAVM).
The deemed venue for the Annual General Meeting has been established as Aggarwal City Square, Plot No.10, Mangalam Place, District Centre, Sector-3, Rohini, Delhi-110085. The notice of the AGM along with the annual report for the financial year 2025-26 will be submitted in due course.
RELAXO Stock Price Movement
Today, shares of Relaxo Footwears Limited edged higher to close at ₹419.45, managing a gain of 0.48%. The stock traded a total volume of 314,634 shares during the session.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.
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