Sheela Foam Ltd

Sheela Foam Ltd trading window closed from October 01, 2026 till the end of 48 hours after the Financial Results for the quarter and half-year ending September 30, 2026 shall be made public

Meeting Details

• Date: 29 Sept 2026; Time: 11:00 AM; Mode: Virtual; Type: Group investor meeting; Event: Bharat Connect Rising Stars

Participants

• Company management to participate through representatives.

Purpose

• General investor interaction with management.

Resolutions

• Item 1 (ordinary): Approval of appointment of Avantika Singh Gautam as Non-Executive Independent Director
• Outcome: Approved by requisite majority; deemed passed on Sep 19, 2026

Meeting Details

• One-on-one virtual investor meeting on September 17, 2026 (time not disclosed).
• Type: one-on-one; mode: virtual.
• Organised by management for investor interaction.
• Key participants: Managing Director and Company Secretary & Compliance Officer.
• Purpose: investor interaction.

Rating Action

• Bank loan facilities reaffirmed at IND AA/Stable; size INR 7,000 million.
• Non-convertible debentures reaffirmed at IND AA/Stable; size INR 1,812.50 million.
• Issuer rating withdrawn upon issuer's request.

Rationale

• FY26 revenue INR 38,208 million; EBITDA INR 3,934 million.
• FY26 net leverage 1.9x; interest coverage 4.1x.
• Improved scale and profitability support credit metrics.
• Cyclicality and raw material cost volatility are weaknesses.
• KEL acquisition broadens distribution; synergy benefits expected.
• Adequate liquidity; cash INR 1,703 million; positive free cash flow.

Outlook

• Outlook: Stable for the affirmed instruments.

Material Changes

• Issuer rating withdrawn; prior rating unchanged for bank/NCDs.

Financial Highlights

• FY26 revenue INR 38,208 million; EBITDA INR 3,934 million; leverage 1.9x.

CHRO resignation and interim arrangement

• Ms. Shaili Tyagi, CHRO, resigns effective August 31, 2026.
• MD to oversee CHRO responsibilities on interim basis until replacement.
• Reason: Resignation.

Meeting Details

• Date: August 26, 2026; time not disclosed.
• Type and mode: one-on-one meeting, physical at the corporate office.
• Organiser: company management via representatives.
• Purpose: one-on-one investor interaction.
• Note: no UPSI is intended to be discussed.

Meeting Details

• Date: Aug 27, 2026; time not disclosed; one-on-one virtual investor meeting with company management.

Participants

• Key company participants: Managing Director; Company Secretary & Compliance Officer.

Purpose

• Purpose: intimation of schedule for investor/analyst meeting.

Additional Notes

• Schedule may change due to unforeseen circumstances.