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Mr. Nilesh Sevabrata Mazumdar has resigned as CEO of Sheela Foam Limited, with his departure accepted by management. Mr. Rakesh Chahar, a Whole-Time Director with over 20 years at the company, will take charge of the Sales Function, reporting directly to Managing Director Mr. Tushaar Gautam. Chahar's extensive experience, particularly in growing the 'Sleepwell' brand, positions him to drive sales and operational success. Mr. Gautam will now undertake the additional responsibilities of CEO. This leadership transition emphasizes a focused strategy to leverage existing industry relationships and enhance company growth, suggesting a positive outlook for operational continuity and brand strength.