Relaxo footwears Limited has announced the appointment of Mr. Amit Roy as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective April 1, 2026. The appointment was approved by the Board of Directors during their meeting held on March 26, 2026, which commenced at 12:30 hrs. (IST) and concluded at 16:05 hrs. (IST).

Regulatory Compliance and Disclosure

The company has formally disclosed this appointment under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The disclosure was made to both BSE Ltd. and National Stock Exchange of India Ltd. to ensure compliance with listing regulations for material events and information.

Updated Key Managerial Personnel Structure

Following Mr. Roy's appointment, the company has updated its Key Managerial Personnel structure for regulatory compliance. The updated contact details for nominated persons responsible for determining material events and making relevant disclosures have been provided to the stock exchanges.

Professional Background and Experience

Mr. Amit Roy brings extensive financial expertise to his new role, with over 30 years of post-qualification experience across diverse functions including finance & accounts, treasury, taxation, and corporate strategy. His appointment represents internal promotion, as he has been serving the company for the past 13 years as Senior General Manager-Finance, heading the Taxation Department.

Prior to his current tenure with Relaxo Footwears, Mr. Roy served as VP (Finance & Accounts) at Caretel Infotech Ltd., a Dalmia Group company, where he headed the finance, accounts, and treasury departments. He also played a key role as Divisional Financial Controller with Jubilant Organosys Ltd., demonstrating his capability in managing financial operations across different organizational structures.

Educational Qualifications and Strategic Significance

Mr. Roy holds professional qualifications as both a Chartered Accountant and Cost Accountant, complemented by a B.Com (Hons.) degree from Delhi University. He has been consistently recognized for excellence throughout his academic journey.

The appointment reflects Relaxo Footwears' strategy of promoting experienced internal talent to key leadership positions. His deep understanding of the company's financial operations, combined with his extensive experience in taxation and treasury management, positions him well to contribute to the company's continued growth and financial management excellence.

Relaxo Footwears announced significant leadership changes with the appointment of two Co-Chief Executive Officers, marking a strategic shift in the company's executive structure. The Board of Directors, in its meeting held on March 26, 2026, approved the re-designation of key executives to strengthen the leadership team under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Leadership Appointments

The company has re-designated two senior executives to Co-CEO positions effective April 1, 2026:

Terms and Conditions

Both executives will continue on their existing remuneration packages with no changes to their tenure or other terms and conditions. The appointments maintain the framework approved by shareholders at the Annual General Meeting held on August 24, 2023, for a three-year period from October 1, 2023, to September 30, 2026.

Executive Profiles

Mr. Gaurav Kumaar Dua brings over 25 years of experience in sales and marketing within the footwear industry. He holds an MBA from University of Wales and has been instrumental in various company initiatives focused on revenue growth, market expansion, and branding rejuvenation. As the son of Mr. Ramesh Kumar Dua, Managing Director of the company, he is part of the promoter group.

Mr. Ritesh Dua contributes over 26 years of experience across Finance, HR, IT, and Export functions. He completed his MBA from Fore School of Management, Delhi, and has played a key role in the company's export operations, information technology, human resources, and finance functions. He is the son of Mr. Mukand Lal Dua and brother of Mr. Nikhil Dua, both Whole Time Directors, and is also part of the promoter group.

Regulatory Compliance

The appointments comply with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Both executives are confirmed to be not debarred from holding their respective offices pursuant to any SEBI order, meeting the requirements under BSE and NSE circulars dated June 20, 2018. The regulatory filing was submitted to BSE (Scrip Code: 530517) and NSE (Symbol: RELAXO) as per standard disclosure requirements.