FilingReader Intelligence
Sheela Foam promoters restructure holdings via family gifts
August 22, 2025 at 07:39 AM UTC•By 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
Primary Source Document
Supplementary Source Documents
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Namita GautamAugust 22, 2025 at 07:24 AM UTC
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rahul Gautam & Avantika SinghAugust 22, 2025 at 07:27 AM UTC
BSE:SFL•Bombay Stock Exchange
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