Sheela Foam Ltd. submits regulatory reports certifying completion of fractional entitlement compensation from its composite scheme of arrangement.
The company sold 575 fractional shares for ₹3.23 lakhs and distributed ₹3.07 lakhs to eligible Kurlon Enterprise shareholders on May 8, 2026.
An amount of ₹16,489.90 remains undistributed due to incomplete bank details and may be transferred to IEPF if unclaimed.
The action complies with SEBI Master Circular and was certified by both the Audit Committee and Independent Directors.