BSECompany Update23 Oct 2026 · 23 Oct 2026, 06:03 pm
The acquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited (''SPV'')
Relaxo Footwears Ltd-$ · 530517
✦ AI SummaryJoint Venture
Relaxo Footwears Ltd acquired 26% of Clean Max MUOI Private Limited's paid-up equity share capital for renewable energy procurement under the group captive mechanism.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Relaxo Footwears Ltd-$ - 530517 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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October 23, 2026
BSE Limited, National Stock Exchange of India Limited,
Corporate Relationship Department Listing Department,
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex,
Mumbai – 400 001 Bandra (E), Mumbai - 400 051
Scrip Code – 530517 Symbol – RELAXO
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Madam / Sir,
In continuation of the earlier intimations made by the Company on May 28, 2026, June
16, 2026 and October 05, 2026, and pursuant to Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we
wish to inform you that the Company has, on October 23, 2026, acquired 2,600 equity
shares having a face value of Rs 10 each representing 26% of the Paid-Up Equity Share
Capital of Clean Max MUOI Private Limited (‘SPV’) from Clean Max Enviro Energy
Solutions Limited (‘Promoter of the SPV’).
The aforesaid acquisition has been undertaken pursuant to the arrangements previously
disclosed by the Company for procurement of renewable energy under the group captive
mechanism for the Company’s manufacturing facilities located in the state of Haryana.
Consequent to the acquisition, the SPV has become an ‘Associate’ of the Company.
We further wish to inform you that, except for the aforesaid update regarding the
acquisition of equity shares, there are no other changes to the disclosures made earlier
by the Company pursuant to Regulation 30 of the Listing Regulations, as amended from
time to time, read with the applicable SEBI Master Circular.
The same is for your information and record please.
For Relaxo Footwears Limited
Ankit Jain
Company Secretary & Compliance Officer
Classification: Public