Relaxo Footwears: The acquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited ('SPV')
Relaxo Footwears (RELAXO) filed a disclosure titled "The acquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited ('SPV')". The company is valued at about ₹7,182 crore.
What happened
Relaxo Footwears (RELAXO) filed a disclosure with the exchanges on 23 October 2026 at 06:03 PM titled "The acquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited ('SPV')".
Company snapshot
Relaxo Footwears is a small-cap company in the Consumer Durables sector, with a market value of about ₹7,182 crore.
The stock last traded at ₹288.5, against a 52-week range of ₹236.5–₹454.7 (36.5% below the high).
Before this filing the shares had moved −0.9% over the month and −28.1% over three months. Average daily turnover over the last 20 sessions was about ₹3.46 crore.
Promoters held 71.27% at the end of Q1 FY27. Foreign institutions owned 3.11% and domestic institutions 9.67%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 654 | 48.9 | 1.96 |
| Q2 FY26 | 629 | 36.2 | 1.46 |
| Q3 FY26 | 668 | 26.5 | 1.06 |
| Q4 FY26 | 751 | 67.7 | 2.72 |
| Q1 FY27 | 705 | 54.9 | 2.21 |
What history shows
BCEIE's records show 2 previous m&a filings from the company since May 2026.
Across 37 similar disclosures by other Consumer Durables companies, shares moved +0.1% on average the next day and +1.5% over five days; 51% of them rose the next day.
Market-wide, 2,133 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.