
Management Change6 Jun 2026, 11:21 pm
Sheela Foam Independent Directors Cease Office June 6, 2026
AI Summary
Sheela Foam Ltd announced that the second consecutive term for three Non-Executive Independent Directors, Mr. Som Mittal, Mr. Ravindra Dhariwal, and Mr. Anil Tandon, concluded on June 6, 2026. Consequently, they have ceased to hold their positions as Independent Directors and their memberships/chairmanships on various Board Committees, effective from the close of business hours on the same date. This cessation is due to the completion of their respective terms of office.
Key Highlights
- Three Independent Directors' terms concluded on June 6, 2026.
- Directors Mr. Som Mittal, Mr. Ravindra Dhariwal, and Mr. Anil Tandon ceased office.
- Cessation is due to completion of their second consecutive term.
- Board committee memberships and chairmanships also ceased.
Price Impact
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