Relaxo Footwears Limited announced the immediate resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Prince Jain, effective from the close of business hours on Wednesday, March 11, 2026. Mr. Jain tendered his resignation to pursue external opportunities. The company acknowledged the resignation and confirmed that the required regulatory disclosures have been completed, with the effective cessation time recorded as 16:25 Hours (IST).
Immediate Cessation of CFO Role
Relaxo Footwears Limited formally disclosed a significant change in its key managerial personnel today, March 11, 2026. Mr. Prince Jain, holding the dual roles of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), has tendered his resignation from both positions. The resignation was effective immediately upon the closure of business hours on the date of the letter.
Reason and Acknowledgement
In his resignation letter, Mr. Jain stated his decision was driven by a desire to pursue opportunities outside the organisation. The company management, through its authorized representative, confirmed the acceptance of the resignation. The specific time stamp recorded for the cessation of his duties was 16:25 Hours (IST) on March 11, 2026. The document also included an acknowledgement stamp confirming the Resignation Accepted on 11.3.26.
Regulatory Compliance Details
As required by applicable listing regulations, the necessary details were appended in an Annexure. The filing confirmed that Mr. Prince Jain is the departing official. The reason cited was Resignation. There is no information provided regarding a brief profile or director relationships, as these fields are Not Applicable for a CFO cessation.
Source: BSE
