Sheela Foam Ltd
Sheela Foam Ltd - 540203 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
01 / The disclosure
What the company shared
The status of House of Kieraya Limited has changed from jointly controlled entity to a subsidiary of the Company
A question for your research
Check transaction size, funding, dilution, approvals and completion conditions before assessing the earnings impact.
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Rs. 375 CrorePage 2
Turnover (including other income): FY 2025-26 – Rs. 375 Crore Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired?
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01Turnover (including other income): FY 2025-26 – Rs. 375 Crore Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired?
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02Furniture Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) The relationship between SFL and HOK will change from a jointly controlled entity to a subsidiary of SFL.
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03The acquisition of control will help the Company enter the fast-growing branded furniture market.
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04Brief details of any governmental or regulatory approvals required for the acquisition The Company does not require any governmental or regulatory approvals for the transaction.
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05Indicative time period for completion of the acquisition Not Applicable.
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Source & verificationView the disclosure trail
- Summary method
- Exchange-provided text; no generated financial figures
- Exchange identifier
- 34def32a-a6df-4454-92c0-b8550d9068d3
- First collected
- 3 Oct 2026, 17:18 IST
- PDF extraction
- extracted · 2 pages read
- Extraction note
- Source excerpts; financial tables have not been validated.
- Document SHA-256
- 0a080180bbe80badc59542b45a768f7324bc05c1904a9aa6ffd98231721f9ecd