Sheela Foam will hold a virtual one-on-one meeting with investors and analysts on Thursday, August 27, 2026. The session is scheduled under Para A of Part A of Regulation 30(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The company stated that its management representatives would conduct the interactions virtually. The schedule is subject to change due to unforeseen circumstances involving the analysts, investors, or the company.

Compliance Disclosure

Sheela Foam confirmed that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions. The intimation was submitted to both the BSE Limited and the National Stock Exchange of India Limited for information and records.

Md. Iquebal Ahmad, Company Secretary & Compliance Officer, signed the disclosure on August 21, 2026.

Sheela Foam Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Ms. Avantika Singh Gautam as a non-executive non-independent director. The resolution, classified as an ordinary resolution, proposes her appointment for a term of five years effective from August 4, 2026.

Ms. Gautam was initially appointed as an additional director on August 4, 2026, based on recommendations from the Nomination and Remuneration Committee. She brings over two decades of experience as a broadcast journalist and media professional, having served as a prime-time anchor with the India Today Group and Network18. Additionally, she holds a Master's degree in Global Leadership and Global Affairs from The Fletcher School at Tufts University and completed the Persuasive Communication programme at the Harvard Kennedy School.

Voting Details

The company is conducting the vote exclusively through remote e-voting via MUFG Intime India Private Limited (MIPL). Shareholders holding shares as on the cut-off date of August 14, 2026, are eligible to cast their votes. The e-voting window opens on August 21, 2026, at 10:00 am and closes on September 19, 2026, at 5:00 pm.

Mr. Amitabh of AVA Associates, Company Secretaries, has been appointed as the scrutinizer to oversee the voting process. The results will be declared within 48 hours of the conclusion of the e-voting period.

Director Profile

Ms. Gautam is related to the promoter group; she is the wife of Mr. Tushaar Gautam, Vice Chairman and Joint Managing Director, and the daughter-in-law of Chairman and Managing Director Mr. Rahul Gautam. Her remuneration will comprise sitting fees for board meetings and profit-related commission within the limits prescribed under Section 197 of the Companies Act, 2013.

What the Numbers Show

The appointment reflects a strategic move towards next-generation leadership succession within the promoter family. With Ms. Gautam already holding 1.99% of the paid-up equity capital, her formal induction into the board aligns significant shareholding with governance responsibilities. Her background in media and global leadership aims to diversify the board's expertise beyond traditional manufacturing and retail operations.