464.75 27.15(6.20%)
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Relaxo Footwears Limited (RWL), a part of Relaxo Group which has major interest in Footwear production, was incorporated in September 13, 1984 as a Private Limited Company to market the products of group concerns such as Hawaii Slippers, Light Weight Slippers, Canvas Shoes, PVC Footwear, etc. It was subsequently converted into a Public Limited Company in March 31, 1993. Company's most popular brands, like Relaxo, Sparx, Flite & Bahamas are a leader in their space. Presently, it is manufacturing slippers, sandals and sports & casual shoes at 8 State of the Art manufacturing facilities at Bahadurgarh (Haryana), Bhiwadi (Rajasthan)and Haridwar (Uttarakhand).In year 1995-96, the company has transformed from solely a Trading/marketing agency to that of a full/fledged manufacturing unit by putting up a facility to produce 50000 pairs of hawai and lightweight chappals per day on a two-shift basis at Bahadurgarh, Haryana. This project was part financed by RWL 's maiden public issue aggregating Rs. 4.50 crores at a premium of Rs. 50 per each share of Face Value of Rs. 10.In the year 1999, the company has expanded the capacity of its Bahadurgarh plant. The company has implemented a Hitech Hawai manufacturing plant at Bhiwadi (Rajasthan), which is the largest Hawai manufacturing pla...