Sheela Foam Adds Finance Veteran Neeraj Jain to Board

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AuthorRiya Kapoor|Published at:
Sheela Foam Adds Finance Veteran Neeraj Jain to Board
Overview

Sheela Foam Ltd's board has appointed Neeraj Jain as an Independent Director, starting May 14, 2026, for a five-year term. Mr. Jain, a Chartered Accountant with over 35 years in finance, management, and strategy, is expected to strengthen the company's governance and strategic direction, subject to shareholder approval.

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Sheela Foam Appoints Neeraj Jain as Independent Director

Sheela Foam Ltd has appointed Neeraj Jain as an Additional Independent Director to its Board. The appointment is effective from May 14, 2026, and is set for a term of five consecutive years. This move is subject to final approval from the company's shareholders.

Mr. Jain brings extensive experience, with over 35 years in finance, management, and strategic planning. As a Chartered Accountant and Company Secretary, his background is expected to enhance Sheela Foam's corporate governance and contribute valuable insights to its strategic direction.

The company anticipates that Mr. Jain's expertise will be instrumental in navigating its growth phases and capitalizing on future opportunities. The formalization of his role hinges on shareholder endorsement at an upcoming meeting.

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