Sheela Foam Ltd

📊 Sheela Foam Ltd: Fractional Share Sale Update

• Amalgamation of Kurlon Enterprise Limited with Sheela Foam Limited approved by NCLT Mumbai Bench.

• Fractional share entitlements consolidated and allotted to a Trust appointed by the Board.

• Trust sold consolidated shares in the open market on April 22, 2026.

• Net sale proceeds, after applicable charges and taxes, will be distributed proportionally to eligible Kurlon Enterprise Limited shareholders.