StockWatch
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Furniture- Home Furnishing
Management Change13 May 2026, 05:41 pm

Sheela Foam Appoints Neeraj Jain as Independent Director

AI Summary

Sheela Foam Ltd has appointed Mr. Neeraj Jain as a Non-Executive Independent Director for a term of five years, effective May 14, 2026, subject to shareholder approval. Mr. Jain, a Chartered Accountant and Company Secretary, brings over 35 years of experience in finance, management, and governance. He is not related to any existing directors and is not debarred from holding the office.

Key Highlights

  • Neeraj Jain appointed as Non-Executive Independent Director.
  • Appointment effective May 14, 2026, for five years, pending shareholder approval.
  • Jain has over 35 years of experience in finance and management.
  • Jain is not related to any existing directors of Sheela Foam Ltd.
  • Jain is not debarred from holding the office of Director.