Sheela Foam Limited — Others, 28-04-2025: Shareholders meeting

Sheela Foam Ltd. conducted an Extra-Ordinary General Meeting via video conference, attended by 154 shareholders. The meeting addressed the approval of a Draft Composite Scheme of Arrangement involving multiple entities merging into Kurlon Enterprise Limited and its subsequent amalgamation with Sheela Foam. Shareholders were given a remote e-voting opportunity prior to the meeting to cast their votes on the resolutions, with results set to be declared within statutory timelines. This meeting reflects ongoing strategic moves by Sheela Foam aimed at operational consolidation within the industry.