Disclosure Information
Nature of Event
Management change disclosure regarding the cessation of Ms. Shaili Tyagi from the position of Chief Human Resources Officer (CHRO).
Key Details of Cessation
- Reason for Change: Resignation
- Effective Date of Cessation: Close of business hours on August 31, 2026
- Brief Profile: Not provided in the disclosure (marked as Not Applicable)
- Disclosure of Relationships: Not applicable (no relationships between directors disclosed)
Interim Arrangement
Until a suitable replacement is found, the responsibilities and functions of the CHRO will be overseen and discharged by the Managing Director of the Company, Mr. Rahul Gautam, on an interim basis. This will be in addition to his existing responsibilities.
Resignation Letter Details (Annexure B)
- Date of Resignation Letter: July 6, 2026
- Addressee: Mr. Rahul Gautam, Chairman & Managing Director, SheelaFoam Limited
- Reason for Resignation: Personal reasons
- Transition: Ms. Tyagi expressed willingness to serve the notice period and mutually agree on a suitable relieving date for smooth transition.
Financial and Operational Impact
No financial impact or operational disruption quantified in the disclosure. The company has arranged for interim coverage of CHRO functions by the Managing Director.