01-Oct-2026 15:42:14
SFLAcquisition and merger
SHEELA FOAM : HOUSE OF KIERAYA BECOMES SUBSIDIARY
• House of Kieraya Limited changes from jointly controlled entity to a subsidiary of Sheela Foam Limited. • Amendment agreement signed on October 1, 2026, to change Affirmative Vote Matters. • House of Kieraya Limited is a furniture company with FY25-26 turnover of ₹375 Cr. • Sheela Foam Limited holds 34.53% equity shares in House of Kieraya Limited. • No shares are being issued and no consideration is paid in the amendment. • The Company does not require any governmental or regulatory approvals for the transaction.
Sheela Foam Ltd
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