Sheela Foam Limited has announced that its Board of Directors will meet on February 3, 2026, to approve the company's quarterly financial results. The meeting will focus on reviewing and approving unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company has issued formal notification to both major stock exchanges regarding the upcoming board meeting. The announcement was made in compliance with regulatory requirements under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance

The board meeting notification was issued pursuant to Regulation 29 and Regulation 50(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This advance intimation ensures transparency and keeps stakeholders informed about significant corporate developments.

Company Communication

The official communication was signed by Md. Iquebal Ahmad, Company Secretary and Compliance Officer, on January 29, 2026. The notification was sent to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

Exchange Details

Sheela Foam Limited maintains its listing presence on major Indian stock exchanges. The company has provided proper notification to both exchanges as part of its ongoing compliance with listing requirements and regulatory obligations.

Sheela Foam Limited has announced the successful completion of a merger between two of its wholly owned subsidiaries, marking a significant corporate restructuring within the company's subsidiary framework.

Merger Details and Regulatory Approval

The merger involves the amalgamation of Staqo World Private Limited with Staqo Software Private Limited, both wholly owned subsidiaries of Sheela Foam Limited. The transaction received formal approval from the National Company Law Tribunal (NCLT), New Delhi, through an order dated November 21, 2025.

Regulatory Compliance and Documentation

The company has completed all necessary regulatory formalities for the merger. The final step involved filing Form INC-28 with the Registrar of Companies, which received approval on January 19, 2026. This completion makes the merger scheme fully effective under applicable corporate laws.

Following the scheme's effectiveness, Staqo World Private Limited now stands completely amalgamated with Staqo Software Private Limited, consolidating the operations of both entities under a single corporate structure.

Impact on Parent Company

Sheela Foam Limited has specifically clarified that this subsidiary merger has no impact on several key aspects of the parent company:

• Share capital structure remains unchanged
• Shareholding pattern continues unaffected
• Financial position of the parent company remains intact

The merger is confined entirely to the subsidiary level operations and does not alter any fundamental aspects of Sheela Foam Limited's corporate structure or financial standing.

Corporate Communication

The announcement was made through a formal communication to stock exchanges, including BSE Limited and National Stock Exchange of India Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Md. Iquebal Ahmad, Company Secretary & Compliance Officer, ensuring proper regulatory disclosure protocols were followed.