The Board of Directors of Relaxo Footwears Limited in their meeting held on May 20, 2021 have recommended a final dividend at the rate of 250% equivalent to INR 2.50 per equity share of INR 1 each fully paid up for the Financial Year 2020-21 payable to those members whose name appear in the Register of members /list of beneficiaries as on August 19, 2021 that is the cut-off date. The total final dividend payout will amount to INR 621.1 million. The payment of final dividend is subject to the approval of members in the Company's upcoming Annual General Meeting (‘AGM’). The Register of Members and Share Transfer Books will remain closed from August 20, 2021 to August 25, 2021 for the purpose of payment of final dividend for the Financial Year 2020-21, if declared at the upcoming Annual General Meeting.