Relaxo Footwears jumps on incorporating Special Purpose Vehicle
Relaxo Footwears is currently trading at Rs. 359.65, up by 9.45 points or 2.70% from its previous closing of Rs. 350.20 on the BSE.
The scrip opened at Rs. 352.00 and has touched a high and low of Rs. 364.80 and Rs. 349.90 respectively. So far 12396 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 531.45 on 04-Sep-2025 and a 52 week low of Rs. 236.55 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 364.80 and Rs. 334.80 respectively. The current market cap of the company is Rs. 8953.08 crore.
The promoters holding in the company stood at 71.27%, while Institutions and Non-Institutions held 12.78% and 15.95% respectively.
Relaxo Footwears has incorporated a Special Purpose Vehicle (SPV), namely Clean Max MUOI, under the provisions of the Companies Act, 2013. The Ministry of Corporate Affairs has issued a Certificate of Incorporation on June 13, 2026.
