Sheela Foam Limited has informed the Exchange regarding Appointment of Mr Neeraj Jain as Non- Executive Independent Director of the company w.e.f. May 14, 2026.
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Sheela Foam Limited has announced the appointment of Mr. Neeraj Jain as an Additional Director in the category of Independent Director, effective May 14, 2026. He will serve a five-year term subject to shareholder approval. Mr. Jain is a rank holder Chartered Accountant and Company Secretary with over 35 years of experience in finance, management, governance and strategy. His previous roles include CFO at Johnson & Johnson Medical India and General Manager at Hindustan Unilever Limited. He is not related to any existing directors and is not debarred from holding the office of Director.
The appointment of an experienced independent director with strong finance and governance credentials strengthens the board's oversight capability. This is a routine governance update with neutral to slightly positive implications for shareholders, as independent directors add credibility to board decisions.