Relaxo Footwears Limited is reshaping its top executive layer with a pair of internal appointments that underscore a move toward a more integrated leadership model. In a board meeting held March 26, 2026, the company designated Gaurav Kumaar Dua and Ritesh Dua as Co-Chief Executive Officers, each maintaining their existing remuneration and terms, with their new roles effective from April 1, 2026. The move signals a deliberate consolidation of strategic responsibilities at the very top of Relaxo’s operations.
Gaurav Kumaar Dua brings more than two decades of experience in sales and marketing within the footwear sector. An MBA graduate from the University of Wales, he has been instrumental in driving revenue growth, market expansion and branding initiatives for Relaxo. Ritesh Dua, with over 26 years spanning Finance, HR, IT and export functions, holds an MBA from Fore School of Management and has played a key role in expanding the company’s export footprint, technology capabilities and human-resource processes. The two leaders will now share the helm as Co-CEOs, continuing on their existing tenure through September 30, 2026, as approved by the company’s shareholders.
The appointments reflect Relaxo’s intent to harness complementary strengths—Gaurav’s prowess in market development and Ritesh’s breadth across financial and operational spheres—to accelerate growth across its product lines and geographies. With both executives remaining within the same remuneration framework and tenure, Relaxo aims for continuity as it navigates a competitive footwear market and scales its distribution networks. The leadership shift also reinforces the company’s promoter-group governance structure, positioning Relaxo to pursue strategic initiatives with a unified executive mandate.
As the footwear maker eyes further expansion, observers will be watching how the newly minted Co-CEOs collaborate to align sales, marketing, finance and IT across Relaxo’s vast manufacturing and export ecosystem. The move signals not just a title change, but a coordinated approach to sustaining growth while maintaining the stability that investors and partners have come to expect from Relaxo’s brand of steady, long-term leadership.