Relaxo Footwears Limited has submitted its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The report, issued by M/s Chandrasekaran Associates, Company Secretaries, confirms the company’s adherence to various statutory provisions and good corporate practices. The review covered compliance with SEBI regulations, the Companies Act, and other relevant guidelines, finding the entity to be in compliance with most aspects.
Relaxo Footwears Limited Submits Annual Secretarial Compliance Report
Relaxo Footwears Limited has officially filed its Annual Secretarial Compliance Report for the financial year that concluded on March 31, 2026. This submission is in accordance with the requirements stipulated by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Report Details and Scope
The report was meticulously prepared and issued by M/s Chandrasekaran Associates, Company Secretaries. Their review encompassed the examination of all pertinent documents and records provided by Relaxo Footwears Limited, along with explanations offered by the entity. The scope also included a review of filings made to stock exchanges and the company’s website to ensure comprehensive compliance with applicable corporate governance norms.
Areas of Compliance
The review confirmed that Relaxo Footwears Limited has largely complied with the applicable statutory provisions and adhered to good corporate practices. The Secretarial Compliance Report affirmed compliance with:
- Secretarial Standards issued by the Institute of Company Secretaries India (ICSI).
- Adoption and timely updation of company policies as per SEBI Regulations.
- Maintenance and timely disclosures on the company’s official website.
- Director qualifications, with no disqualifications noted under Section 164 of the Companies Act, 2013.
- Preservation of documents as per SEBI Regulations and LODR Regulations.
- Performance evaluation of the Board, Independent Directors, and Committees.
- Related Party Transactions, with prior Audit Committee approval obtained for all such transactions.
- Disclosure of events or information as per Regulation 30 of LODR Regulations.
- Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
- No actions taken against the entity by SEBI or Stock Exchanges.
- No resignation of statutory auditors or material subsidiaries during the review period.
- No additional non-compliances were observed.
Specific Exclusions and Observations
The report specifically noted that certain provisions related to subsidiaries were ‘Not Applicable’ as the listed entity currently has no subsidiaries. Furthermore, no actions were taken against the listed entity or its promoters/directors/subsidiaries by SEBI or Stock Exchanges during the review period. The report also addresses compliance related to the disclosure of Employee Benefit Scheme documents, confirming that no redaction from the ESOP scheme has been made by the listed entity.
The review was conducted on a random test basis, and the report serves the intended purpose of compliance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
