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Broker's Call: Relaxo Footwears (Hold)

IDBI Capital Equity
20-03-2023
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RELAXO FOOTWEARS LTD.-$ - 530517 - Grant/ Cancellation Of ESOP

We wish to inform that the Nomination and Remuneration Committee of the Company in its meeting held on March 14, 2023 has approved the cancellation of 3,43,800 (Three Lacs Forty Three Thousand Eight Hundred) Stock Options granted earlier under the Phase III of ''RFL Employee Stock Option Plan - 2014 '' (RFL ESOP Plan - 2014) and the said Stock Options have been credited back to ESOP pool. Further the Committee also approved grant of 7,71,200 (Seven Lacs Seventy One Thousand Two Hundred) Stock Options, to eligible employees of the Company at an exercise price of Rs. 757.25/- per option under Phase IV of "RFL ESOP Plan - 2014. The Options may be exercised at any time within a maximum period of four years from the date of vesting of the respective Options.
15-03-2023

Buy Relaxo Footwear; target of Rs 930: Sharekhan

Sharekhan is bullish on Relaxo Footwear has recommended buy rating on the stock with a target price of Rs 930 in its research report dated February 10, 2023.
09-03-2023
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RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Advertisement regarding loss of share certificates as per attachment
28-02-2023
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RELAXO FOOTWEARS LTD.-$ - 530517 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to Reg. 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that company has received request(s) for issue of duplicate share certificates in lieu of the original lost/misplaced as per the attached letter.
27-02-2023
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RELAXO FOOTWEARS LTD.-$ - 530517 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Information regarding issuance of 'Letter(s) of Confirmation' in lieu of share certificate(s) lost/misplaced
15-02-2023

Hold Relaxo Footwears; target of Rs 745: ICICI Direct

ICICI Direct recommended hold rating on Relaxo Footwears with a target price of Rs 745 in its research report dated February 06, 2023.
10-02-2023
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RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation on Un-Audited Financial Results for the quarter and nine months ended on December 31, 2022
06-02-2023
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RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Advertisement for Un-Audited Financial Results for the quarter and nine months ended on December 31, 2022
06-02-2023

Saurabh Mukherjea's exit indicates more pain for Relaxo Footwears, stock hits 52-week low

Relaxo Footwears' net profit fell 57 percent year-on-year to Rs 30 crore in Q3 FY23, and net profit margin stood at 4.4 percent as compared to 9.4 percent in the year-ago period
06-02-2023
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