Lehar Footwears CFO Rakesh Kumar Soni resigns effective July 14

1 min read     Updated on 14 Jul 2026, 05:03 PM
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Jubin VScanX News Team
AI Summary

Lehar Footwears Limited accepted the resignation of CFO Rakesh Kumar Soni effective July 14, 2026, due to personal reasons. The company disclosed the event to BSE under Regulation 30 of the SEBI LODR Regulations. Mr. Soni confirmed no material reasons for his departure and pledged support for the transition.

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lehar footwears Limited has accepted the resignation of Mr. Rakesh Kumar Soni from the position of Chief Financial Officer (CFO) effective from the close of business hours on July 14, 2026. The resignation was submitted due to personal reasons, as confirmed in the regulatory filing submitted to BSE Limited.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the exchange that Mr. Soni tendered his resignation via a letter dated June 15, 2026. He confirmed there were no material reasons for his departure other than personal circumstances.

Resignation Details

The following table outlines the key particulars of the transaction as disclosed under Part A of Schedule III of the SEBI Listing Regulations:

Sr. No. Particulars Details
1. Reason for change Resignation due to personal reasons
2. Date of cessation Effective from closure of business hours on July 14, 2026
3. Brief Profile Not Applicable
4. Disclosure of relationships Not Applicable

Mr. Soni expressed his gratitude to the Board of Directors, management, and colleagues for their support during his tenure. He committed to extending all necessary support to ensure a smooth transition and handover of responsibilities. The resignation was accepted by the Managing Director on July 14, 2026.

Historical Stock Returns for Lehar Footwears

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.45%-2.69%+7.06%-5.71%+527.47%

Who will be appointed as the new CFO, and how will their background influence the company's financial strategy?

What impact will this leadership change have on Lehar Footwears' upcoming financial reporting and investor communications?

Could the CFO's resignation signal any underlying operational or strategic challenges within the company?

Lehar Footwears wins ₹39.70 Cr OEM order for 18 lakh pairs

1 min read     Updated on 22 Jun 2026, 10:36 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Lehar Footwears has secured its largest-ever OEM order worth ₹39.70 crore from a domestic entity for the supply of 18 lakh pairs of footwear. The order is to be executed within 60 days, enhancing revenue visibility for FY27. The company will utilise its manufacturing facilities in Rajasthan and Haryana to fulfil the order.

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Lehar Footwears has secured its largest-ever Original Equipment Manufacturer (OEM) order worth ₹39.70 crore for the supply of footwear. The domestic order, involving approximately 18 lakh pairs, is scheduled for execution within 60 days from the acceptance of the purchase order. This development enhances revenue visibility for FY27 and reinforces the company's position as a reliable OEM manufacturing partner.

Order Details at a Glance

The key parameters of this development are summarised below:

Parameter Details
Order Value ₹39.70 crore (Excluding GST)
Quantity 18 lakh pairs
Nature Supply of Footwear
Entity Type Domestic
Execution Timeline Within 60 days

Significance of the Order

The order win underscores the company's ability to attract substantial business relative to its size. While the client name remains undisclosed due to confidentiality, the order highlights Lehar Footwears' manufacturing scale and quality standards. The company will service the order through its facilities in Rajasthan and Haryana, utilising BIS-compliant production processes and in-house capabilities.

Raj Kumar Agarwal, Chairman of Lehar Footwears Limited, stated that the order is a strong endorsement of the company's manufacturing scale and quality credentials. He noted that OEM partnerships remain an important growth pillar for the company as it expands across categories while delivering on time and to specification.

Historical Stock Returns for Lehar Footwears

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.45%-2.69%+7.06%-5.71%+527.47%

How will this large order impact Lehar Footwears' profit margins given the tight 60-day execution timeline?

Does this order signal a strategic shift towards focusing more on domestic OEM partnerships versus exports?

Will the company need to expand its manufacturing capacity in Rajasthan and Haryana to secure similar future orders?

More News on Lehar Footwears

1 Year Returns:-5.71%