Sheela Foam Limited has informed the Exchange about Re-Appointment of Statutory Auditor
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Sheela Foam Limited has announced the re-appointment of M/s M S K A & Associates LLP as its Statutory Auditors for a second term of five consecutive years. The appointment will be effective from the conclusion of the 54th Annual General Meeting and will continue until the conclusion of the 59th AGM (calendar year 2031). This re-appointment was recommended by the Audit Committee and approved by the Board of Directors on May 14, 2026, subject to shareholder approval at the ensuing AGM.
This is a routine governance action indicating continuity in the company's audit function. The re-appointment of an existing auditor typically signals stability in financial oversight and is unlikely to have any immediate impact on the stock price.