Sheela Foam Ltd Completes Merger of Staqo World Pvt. Ltd. with Staqo Software Pvt Ltd

Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, Sheela Foam Limited has completed the merger of its wholly owned subsidiary Staqo World Private Limited with another wholly owned subsidiary Staqo Software Private Limited. The Scheme of Merger was sanctioned by the Hon’ble National Company Law Tribunal, New Delhi, vide its order dated 21.11.2025, and form INC-28 filed with Registrar of Companies has been approved. Consequent with the Scheme becoming effective, Staqo World Private Limited stands amalgamated with Staqo Software Private Limited. The merger pertains solely to the subsidiaries of the Company and does not affect the share capital, shareholding pattern, or financial position of Sheela Foam Limited.