Sheela Foam Announces 54th AGM on July 16, 2026, Recommends Final Dividend
Sheela Foam Limited will hold its 54th AGM on July 16, 2026, via VC/OAVM. The company recommended a final dividend of Re. 1 per equity share for FY 2025-26, subject to shareholder approval. The record date for dividend and AGM eligibility is July 9, 2026. Key agenda items include director appointments and re-appointments, and auditor re-appointment.
The AGM agenda includes several significant items such as dividend approval, director appointments, and auditor re-appointments, which are crucial for corporate governance and future strategic direction. The record date for dividend and AGM eligibility also has a direct impact on shareholders.
The announcement is primarily procedural, detailing the upcoming AGM, dividend recommendation, and director appointments/re-appointments. While the dividend recommendation is positive, the overall tone is neutral as it concerns routine corporate governance activities.
Sheela Foam Limited has announced its 54th Annual General Meeting (AGM) will be held on Thursday, July 16, 2026, at 10:00 A.M. IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company has fixed Thursday, July 9, 2026, as the cut-off date for determining member eligibility for the AGM and for payment of the final dividend.
The Board of Directors, in a meeting held on May 14, 2026, recommended a final dividend of Re. 1/- per equity share (20%) for the Financial Year 2025-26, subject to shareholder approval at the AGM. The dividend, if approved, will be paid within 30 days of the AGM.
The company will also present the Audited Financial Statements (Standalone and Consolidated) for the year ended March 31, 2026, at the AGM. Other key agenda items include the re-appointment of directors, including Ms. Namita Gautam, Mr. Rahul Gautam, Mr. Tushaar Gautam, and Mr. Rakesh Chahar, along with the appointment of new Non-Executive Independent Directors: Mr. Neeraj Jain, Ms. Hiroo Mirchandani, Mr. Rajeev Srivastava, and Mr. Sudhir Ganpathy Shenoy. The re-appointment of M S K A & Associates LLP as Statutory Auditors for a second term of five years and the remuneration for Cost Auditors for FY 2026-27 will also be considered.
The Annual Report for FY 2025-26 has been sent electronically to members and is available on the company's website. Remote e-voting for the AGM will commence on Monday, July 13, 2026, at 09:00 A.M. IST and conclude on Wednesday, July 15, 2026, at 05:00 P.M. IST.
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Sheela Foam Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Sheela Foam Limited. Read the original for the full detail.