Sheela Foam Cancels Participation in 11th Annual Valorem Conference Due to Schedule Changes

1 min read     Updated on 19 Mar 2026, 10:35 AM
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Sheela Foam Limited has officially cancelled its management's participation in the 11th Annual Valorem Conference scheduled for March 23, 2026, at Grand Hyatt Mumbai, citing unforeseen schedule changes. The company updated its regulatory disclosure under SEBI listing requirements, with Company Secretary Md. Iquebal Ahmad signing the cancellation notice on March 19, 2026, and informing both BSE and NSE exchanges.

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Sheela Foam Limited has announced the cancellation of its management's participation in the 11th Annual Valorem Conference, updating its previous regulatory disclosure under SEBI listing obligations.

Conference Cancellation Update

The company has informed stock exchanges that it will not participate in the 11th Annual Valorem Conference, which was originally scheduled for Monday, March 23, 2026, at Grand Hyatt-Kalina, Mumbai. The cancellation was attributed to unforeseen schedule changes affecting the company's availability.

Conference Details: Information
Event: 11th Annual Valorem Conference
Original Date: March 23, 2026
Venue: Grand Hyatt-Kalina, Mumbai
Organizer: Valorem Advisors
Status: Cancelled
Reason: Unforeseen schedule changes

Regulatory Communication

The updated disclosure was made pursuant to Para A of Part A of Regulation 30(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This follows the company's initial intimation dated March 18, 2026, regarding the proposed participation in the conference themed "Resilient Corporates, Relentless India."

Official Documentation

The formal cancellation notice was signed by Md. Iquebal Ahmad, Company Secretary & Compliance Officer, on March 19, 2026. The communication was addressed to both BSE Limited (Scrip code: 540203) and The National Stock Exchange India Limited (NSE Symbol: SFL), ensuring comprehensive disclosure to all relevant regulatory bodies.

Regulatory Details: Information
Initial Notice Date: March 18, 2026
Cancellation Date: March 19, 2026
BSE Scrip Code: 540203
NSE Symbol: SFL
Compliance Officer: Md. Iquebal Ahmad

This cancellation represents a change in Sheela Foam Limited's investor relations schedule, with the company maintaining transparency through timely regulatory updates while adhering to disclosure requirements regarding scheduled investor and analyst meetings.

Historical Stock Returns for Sheela Foam

1 Day5 Days1 Month6 Months1 Year5 Years
-1.12%-6.52%-12.26%-28.38%-31.48%-51.67%

Will Sheela Foam participate in alternative investor conferences in the coming quarters to maintain market engagement?

Could the unforeseen schedule changes indicate potential major corporate developments or strategic initiatives at Sheela Foam?

How might this conference cancellation affect Sheela Foam's investor relations strategy and market visibility in the near term?

Sheela Foam Limited Announces Cessation of Independent Director Following Tenure Completion

1 min read     Updated on 05 Mar 2026, 03:11 PM
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Sheela Foam Limited disclosed the cessation of Mr. Vijay Kumar Ahluwalia as Non-Executive Independent Director effective March 05, 2026, following completion of his second consecutive term. His membership and chairmanship in various board committees have also ceased, with the company making the disclosure under SEBI Listing Regulations to both stock exchanges.

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Sheela foam Limited has announced the cessation of Mr. Vijay Kumar Ahluwalia as Non-Executive Independent Director following the completion of his second consecutive term. The company disclosed this information to stock exchanges on March 05, 2026, in compliance with regulatory requirements.

Director Tenure Completion

Mr. Vijay Kumar Ahluwalia's second consecutive term as Non-Executive Independent Director concluded on March 04, 2026. With effect from March 05, 2026, he ceased to hold the position of Non-Executive Independent Director of the company. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Committee Impact

Following the completion of Mr. Ahluwalia's tenure as Non-Executive Independent Director, his membership and chairmanship in various committees of the Board have also ceased to exist. This change affects the composition of the company's board committees where he previously served.

Regulatory Compliance Details

The company provided detailed information as required under regulatory provisions:

Particulars: Details
Reason for Change: Cessation on completion of second term as an Independent Director
Date of Cessation: March 04, 2026
Director Identification Number: 08078092

Company Communication

The disclosure was signed by Md. Iquebal Ahmad, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited. The communication emphasized that the cessation was due to the natural completion of the director's tenure rather than any other circumstances.

Sheela Foam Limited operates from its registered office in Mumbai and corporate office in Noida, maintaining compliance with all listing regulations and disclosure requirements.

Historical Stock Returns for Sheela Foam

1 Day5 Days1 Month6 Months1 Year5 Years
-1.12%-6.52%-12.26%-28.38%-31.48%-51.67%

More News on Sheela Foam

1 Year Returns:-31.48%