SFLNSESheela Foam Limited· Consumer DurablesHighNegative
Announced Thu, 3 Jul, 2025 · 11:03 IST

Sheela Foam Limited has informed the Exchange regarding 'Clarity on Resignation letter of Nilesh Sevabrata Mazumdar'.

SFL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-1.1%Reaction day
₹712.00
prior close
₹709.70
announcement price
In-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-1.1% vs market
Furniture Home Furnishing peers, median of 5sector+0.9%-1.9% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.9 pts less than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.0
10m
+0.0
15m
-0.3
30m
-0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.1+0.1-1.1+0.9-1.9
Next day
-2.4+0.5-2.8+0.7-3.1
2d
-3.4-0.0-3.4-0.8-2.6
3d
-2.7-0.1-2.5+0.2-2.9
4d
-4.5+0.4-4.9+3.8-8.3
5d
-5.4+0.7-6.1+1.4-6.8
1w
-5.2+0.4-5.6+0.2-5.4
15d
-7.3+1.1-8.4-1.2-6.1
1m
-0.7-2.0+1.3-4.5+3.8
2m
+2.1-1.9+4.0-13.9+16.0
3m
-4.7-2.7-1.9-11.6+6.9
UpDownMarket · Nifty Microcap 250Sector · Furniture Home Furnishing peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sheela Foam Limited has submitted the unredacted resignation letter of Mr. Nilesh Sevabrata Mazumdar to the exchanges, following up on its earlier communication dated July 2, 2025. In the letter, Mr. Mazumdar cited personal reasons — specifically his daughter's wedding in June — for stepping down. He stated he will serve a three-month notice period and has requested to be relieved on June 30, 2025, along with two weeks of leave from June 1–14, 2025. The Company Secretary, Md. Iquebal Ahmad, signed off on the communication.

Likely market impact

The letter itself is a clarification submission and does not contain new financial or strategic information. The actual resignation event and its implications were likely disclosed in the earlier July 2 communication. Shareholders should refer to the prior filing for details on the position being vacated and any replacement plans.