Relaxo Footwears has informed that Nomination and Remuneration Committee (NRC) at its meeting held on May 19, 2021 has cancelled 4,800 options of one employee due to his resignation, pursuant to RFL ESOP Plan 2014; and approved the amendment in clause 7.2(b) (2) of the RFL Employee Stock Option Plan, 2014 subject to the approval of shareholders at the ensuing Annual General Meeting of the Company as required under SEBI (Share Based Employee Benefits) Regulations, 2014. Pursuant to the proposed amendment revised clause 7.2(b) (2) would be as enclosed.
The above information is a part of company’s filings submitted to BSE.
