Relaxo Footwears Limited has scheduled its 42nd Annual General Meeting for September 24, 2026. The board recommended a final dividend of ₹3.50 per share for FY26.

Relaxo Footwears announced the meeting details on August 22, 2026. The event will be conducted through Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars. The registered office in Delhi will serve as the deemed venue.

Dividend and Record Date

The board approved the dividend recommendation during its meeting on May 28, 2026. Shareholders must approve the payout at the AGM. The company will pay the dividend within 30 days of the meeting date to members on record as of September 18, 2026.

Dividends are taxable in the hands of shareholders. The company will deduct Tax at Source at the time of payment. Members holding physical shares must ensure their folios are KYC compliant to receive dividends electronically. This requires updating full address, mobile number, email ID, bank details, and valid PAN linked to Aadhaar.

Voting and Logistics

The company engaged Kfin Technologies Limited to facilitate e-voting. Remote e-voting and voting during the AGM via InstaPoll will be available. Members participating through video conferencing will count toward the quorum under Section 103 of the Companies Act, 2013.

Shareholders without registered email addresses will receive a letter with web links and QR codes to access the annual report and AGM notice. Those with physical holdings can update details via the RTA website or by submitting Form ISR-1. Demat holders should coordinate with their Depository Participants.

Relaxo Footwears reported a solid start to the fiscal year, with standalone revenue rising 7.8% year-on-year to ₹718.01 crore for the first quarter ended June 30, 2026. The footwear manufacturer saw its net profit climb 12.3% to ₹54.94 crore, outpacing top-line growth as operating efficiencies contributed to bottom-line expansion.

The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) grew to ₹110.23 crore from ₹99.5 crore in the corresponding period last year. This improvement was accompanied by a slight widening of the EBITDA margin to 15.35%, up from 15.2% previously, indicating modest leverage on the revenue growth.

Financial Performance

The quarter’s results reflect consistent execution across key financial metrics, with profit growth exceeding revenue gains. The Board of Directors approved the unaudited financial results on August 13, 2026.

What the Numbers Show

A notable divergence exists between revenue growth and net profit acceleration. While top-line sales expanded by 7.8%, net profit surged by 12.3%. This suggests that cost controls or favorable mix shifts allowed Relaxo Footwears to convert a larger proportion of incremental revenue into pure profit, rather than passing all costs through to the bottom line. The simultaneous expansion in EBITDA margin supports the view that operational efficiency improved during the period.