Sheela Foam Limited — Others, 22-08-2025: Disclosure under SEBI Takeover Regulations

Sheela Foam's promoter family has completed an inter-se transfer of 4,12,82,146 equity shares, representing 37.98% of the company's diluted share capital. Mr. Rahul Gautam and Mrs. Avantika Singh acquired shares from Mrs. Namita Gautam and Mr. Tushaar Gautam. This transfer is part of a family arrangement for smooth succession planning. Importantly, this transaction results in no change to the aggregate shareholding of the Promoter and Promoter Group, maintaining their overall stake in the company.