Lehar Footwears Limited has notified the stock exchange of an upcoming Board of Directors meeting, scheduled for Friday, May 22, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on May 12, 2026, and signed by Ritika Poddar, Company Secretary & Compliance Officer.

Key Agenda Items for the Board Meeting

The board meeting has been convened to transact several significant items of business. The following table outlines the agenda as disclosed in the regulatory filing:

Trading Window Closure

In accordance with applicable regulations, the trading window for dealing in the company's equity shares has been closed with effect from April 01, 2026. The trading window will reopen 48 hours after the declaration of the financial results of the company. Shareholders and designated persons are advised to take note of this restriction during the closure period.

Regulatory Compliance

The intimation was submitted to BSE Limited as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Lehar Footwears is headquartered at A-243(A), Road No. 6, V.K.I. Area, Jaipur-302013, Rajasthan, India, and holds CIN No. L15209RJ1994PLC008196. The filing was duly authorized by Ritika Poddar, Company Secretary & Compliance Officer (ACS No. A65615).

Lehar Footwears Limited has announced a major expansion of its manufacturing footprint with the addition of a new, large-scale facility in Kundli, Haryana, aimed at strengthening its presence in the fast-growing athleisure and sports footwear segment. The disclosure was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated May 05, 2026, and was submitted to BSE Limited by Company Secretary & Compliance Officer Ritika Poddar. The new unit, located at Plot No. 15A, Sec-56, Phase IV, HSIIDC Kundli, Haryana-131028, will focus on manufacturing Sport Shoes & EVA products targeting both domestic and international markets, covering sport shoes for male, female, and kids segments.

New Facility and Product Details

As part of this expansion, the company has signed a rent agreement for the proposed facility. Commercial production is expected to commence from Q2FY27, aligning with Lehar Footwears' broader strategy to capitalise on rising demand in the sports and athleisure footwear market. The new Kundli unit will be equipped with advanced manufacturing technologies for sports shoes and EVA-based footwear, enabling enhanced product quality, improved consistency, and higher operational efficiency. The facility is expected to support both the company's in-house athleisure brand 'Rannr' as well as its OEM manufacturing vertical. The key parameters of the new facility are summarised below:

Capacity Expansion at a Glance

The company currently operates with an existing capacity of 01 Lakh Per Month, with a utilisation rate of approximately 85-90%. The new facility is expected to add 05 Lakh Pairs Per Month in a phased manner, representing a 5x scale-up in production capacity. The proposed capacity addition is to be executed in phases starting from Q2FY27. The key capacity metrics are outlined below:

Key Highlights of the Kundli Facility

The expansion encompasses several strategic dimensions that reinforce the company's growth agenda:

• 5x Capacity Expansion – in phases: Scale-up from ~1 lakh to ~5 lakh pairs per month to meet rising demand
• Product Mix Improvement: Increased share of higher-value sports and athleisure footwear driving ASP and margin expansion
• OEM + Brand Synergy: Strengthening capabilities to serve OEM clients while scaling Rannr
• Strategic Location: Kundli offers strong connectivity to North Indian markets and logistics hubs
• Technology Upgrade: Introduction of modern machinery and processes for sports and EVA footwear manufacturing

Investment and Management Commentary

The total investment required for the new unit is up to Rs 25 crore, which will be financed entirely through internal accruals, reflecting the company's intent to fund the expansion without external borrowings. Commenting on the development, Mr. Raj Kumar Agarwal, Chairman of Lehar Footwears Limited, said: "The new capacity expansion marks an important step in our expansion journey. This project will enable us to build scalable, technology-enabled manufacturing capabilities aligned with evolving consumer demand in sports and athleisure footwear. We expect this to support our premiumisation strategy and strengthen our positioning across both branded and OEM segments."

Company Background

Lehar Footwears Limited is one of the leading regional mass-footwear manufacturers of high quality and stylish non-leather footwears since 1995. The company sells its products under the 'Lehar' and 'Rannr' brands through trade distribution channels, retail multi-brand outlets, export markets, government schemes, and e-commerce marketplaces. The company has 5 manufacturing facilities situated at Jaipur, Kaladera (Chomu), and Kundli (Haryana). Lehar Footwears is headquartered at A-243(A), Road No. 6, V.K.I. Area, Jaipur-302013, Rajasthan, India, and holds CIN No. L15209RJ1994PLC008196. The company is an ISO 9001 QMS, ISO 14001 EMS, and ISO 18001 OHSAS registered firm.