With reference to your above captioned letter regarding increase in volume of the Company's securities traded on exchanges, we wish to state that the Company has always being compliant with all the provisions of the Regulation 30 of the SEBI (LODR) Regulations, 2015, as entered into with the exchange, and would continue to do so in the interest of good corporate governance as well as general shareholders at large.
We would like to inform you that to the best of the information available with Management, we do not have any information / announcements to share with the Stock Exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015, that would warrant the increase in volumes traded in the exchange.
The spurt in price/volume is merely due to market conditions and absolutely market driven, the management of the company is no way connected with any price increase / volume driven in company stock.
We hope the above clarifies the query, kindly acknowledge the receipt.
Thanking You,
Yours Sincerely,
For Relaxo Footwears Limited,
VIKAS KUMAR TAK
Digitally signed by VIKAS KUMAR TAK DN: c=IN, st=Haryana, 2.5.4.20=09d5cda6a481a9fed4d456ab909b5 4ff641ac7dbb5fd6d2fa4eaaea2fb798f86, postalCode=122017, street=Gurgaon, pseudonym=5353b798e8fca7dcadd7ac599c 3835ba, serialNumber=00c16b1bc2db49ac3393fe225 2c9c54f1752080a9efec47c488236f07c650ca 3, o=Personal, cn=VIKAS KUMAR TAK
Date: 2022.09.14 12:28:03 +05'30'
Vikas Kumar Tak
Company Secretary and Compliance Officer
Membership No.: FCS 6618
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Relaxo Footwears Ltd. published this content on 14 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2022 08:09:06 UTC.
Relaxo Footwears Limited is an India-based footwear manufacturing company. The Company operates in three major categories, such as Relaxo & Bahamas (rubber slippers), Flite (EVA and PU Slippers) and Sparx (sports and canvas shoes, sandals and sporty slippers). Its brands include Relaxo, Flite, Sparx, Bahamas, Boston, Mary Jane, and Kid's Fun. Relaxo is a brand synonymous with rubber slippers, which is a footwear for all segments of society and Flite is a range of semi- formal slippers. Sparx offers sports shoes, sandals and slippers. Bahamas offers flip flops. Boston is a formal footwear for men. MaryJane offers a range of footwear for the modern women. Kid's Fun offers footwear for kids. It offers shoes, such as formals, casuals, running, athleisure, walking and training and gym. Its sandals and slippers include Sandals & Clogs, Flip Flops & Slides and Chappals & Slippers. It also operates more than 350 network of own retail outlets, with availability on all e-commerce portals.