FilingReader Intelligence

Sheela Foam promoters restructure holdings via family gifts

August 22, 2025 at 07:39 AM UTCBy FilingReader AI

Tushaar Gautam gifted 32 million equity shares (29.46%) of Sheela Foam Limited to his wife Avantika Singh (2 million shares) and father Rahul Gautam (29.9 million shares).

Namita Gautam separately gifted 9.3 million shares (8.52%) to her husband Rahul Gautam. The off-market transfers totaled 41.3 million shares for succession planning while maintaining overall promoter group shareholding.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SFLBombay Stock Exchange

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