Sheela Foam Limited announced the conclusion of the second consecutive term for Mr. Vijay Kumar Ahluwalia as a Non-Executive, Independent Director. His tenure officially ended on March 04, 2026, resulting in his cessation from the Board role effective March 05, 2026. Consequently, his membership and chairmanship in all Board committees have also ceased, as per the company’s filing dated March 05, 2026.
Completion of Director Tenure
Sheela Foam Limited has formally disclosed the conclusion of the second consecutive term for Mr. Vijay Kumar Ahluwalia (DIN: 08078092), who served as a Non-Executive, Independent Director of the Company. His appointment term ended on March 04, 2026.
Effective Cessation Date
As a direct result of the term completion, Mr. Vijay Kumar Ahluwalia has ceased his position as a Non-Executive, Independent Director with immediate effect from March 05, 2026. This cessation also triggers the automatic conclusion of his roles, including membership and chairmanship, across various committees of the Board where he held appointments.
Regulatory Disclosure Details
The regulatory filing confirmed the specific details required for disclosure:
- Reason for Change: Cessation on completion of the second term as an Independent Director of the Company.
- Date of Cessation: March 04, 2026.
- Profile/Relationship Disclosure: Not Applicable, as this was a cessation, not an appointment.
The disclosure was authorized and submitted by MD Iquebal Ahmad, Company Secretary & Compliance Officer, on March 05, 2026.
Source: BSE
