StockWatch
·
Furniture- Home Furnishing
Auditor14 May 2026, 06:21 pm

Sheela Foam Re-appoints M S K A & Associates as Statutory Auditor

AI Summary

Sheela Foam Ltd has re-appointed M/s M S K A & Associates LLP, Chartered Accountants, as its Statutory Auditors for a second term of five consecutive years. The re-appointment, effective from the conclusion of the 54th Annual General Meeting until the conclusion of the 59th AGM in 2031, is subject to shareholder approval at the upcoming AGM. This decision was based on the recommendation of the Audit Committee and approved by the Board of Directors on May 14, 2026.

Key Highlights

  • M S K A & Associates re-appointed as Statutory Auditors.
  • Term is for five years, starting after the 54th AGM.
  • Re-appointment subject to shareholder approval.
  • Board approved the re-appointment on May 14, 2026.
  • Audit Committee recommended the re-appointment.