Relaxo Footwears (RELAXO) — Announcement

📢 Key Event
Committee approved 5,03,500 employee stock options under ESOP Plan-2014

💡 Investor Takeaway
This grant expands employee equity incentives but does not immediately affect shareholder value or dilution.

Relaxo Footwears announced that its Nomination and Remuneration Committee approved 5,03,500 employee stock options convertible into equity shares under the RFL ESOP Plan-2014, as disclosed in a SEBI LODR filing on August 13, 2026.

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About Relaxo Footwears Limited (RELAXO)

Consumer Durables · Leather · Listed on NSE

Market Cap: ₹8,963.03 Cr P/E: 48.3 ROE: 8.4% ROCE: 12.4% Div Yield: 0.97%

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🔥 Also filed on 13 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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