General Updates

October 01, 2026 The BSE Limited The National Stock Exchange India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai-400001 Bandra (E), Mumbai-400051 Scrip code: 540203 NSE Symbol: SFL Subject: Intimation of subsidiary under Para A of Part A of Regulation 30(6) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we wish to inform you that Sheela Foam Limited (“Company” or “SFL”) entered into an amendment agreement on 1st October 2026 with House of Kieraya Limited and its significant shareholders to change the Affirmative Vote Matters in the Shareholders’ Agreement executed on 17th July 2023. Consequently, the status of House of Kieraya Limited has changed from a jointly controlled entity to a subsidiary of the Company, effective from the amendment date, i.e., 1st October, 2026. Further details are set out in the annexed statement of disclosure furnished pursuant to Regulation 30 of the SEBI LODR and the SEBI Master Circular dated 30th January 2026. Thanking You, Yours truly, For Sheela Foam Limited (Md. Iquebal Ahmad) Company Secretary & Compliance Officer SHEELA FOAM LTD. #14, Sleepwell Tower, Sector 135, Noida- 201301 Ph: Int-91-120-4868400 •Email: investorrelation@sheelafoam.com • contactus@sheelafoam.com Regd. Office: 1002 to 1006 The Avenue, International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra, India, 400059 • Ph: Int-91-22-28265686/88/89 Toll Free: 1800 103 6664 • www.sleepwellproducts.com • www.sheelafoam.com CIN- L74899MH1971PLC427835 ANNEXURE The details required under Regulation 30 of the SEBI LODR Regulations are as follows: Particulars Details Name of the target entity, details in House of Kieraya Limited (“HOK/Furlenco”): The brief such as size, turnover, etc. Target is a leading furniture company with a strong presence in the online segment and operates in cities including Bengaluru, Mumbai and Delhi NCR. Turnover (including other income): FY 2025-26 – Rs. 375 Crore Whether the acquisition would fall Pursuant to the Amendment, the relationship within related party transaction(s) between SFL and HOK will change from a jointly and whether the promoter/ promoter controlled entity to a subsidiary of SFL. group/ group companies have any The promoter/promoter group has an interest in interest in the entity being acquired? If HOK by virtue of their directorship/representation in yes, nature of interest and details HOK. thereof and whether the same is done at “arm’s length” The Amendment does not involve any transfer of shares or payment of any consideration or other monetary consideration. Industry to which the entity being Furniture acquired belongs Objects and effects of acquisition The relationship between SFL and HOK will change (including but not limited to, from a jointly controlled entity to a subsidiary of SFL. disclosure of reasons for acquisition of The acquisition of control will help the Company target entity, if its business is outside enter the fast-growing branded furniture market. the main line of business of the listed entity) Brief details of any governmental or The Company does not require any governmental or regulatory approvals required for the regulatory approvals for the transaction. acquisition Indicative time period for completion Not Applicable. The change in control and status of the acquisition became effective upon exercise of the contractual right. Consideration - whether cash Not applicable. The Amendment does not involve any consideration or share swap or any transfer of shares, consideration or other monetary other form and details of the same consideration between the parties. Cost of acquisition or the price at Not applicable. which the shares are acquired No shares are being issued pursuant to the Amendment. Percentage of shareholding/ control SFL holds 34.53% equity shares of House of Kieraya acquired and/or number of shares Limited. Pursuant to the Amendment there is no SHEELA FOAM LTD. #14, Sleepwell Tower, Sector 135, Noida- 201301 Ph: Int-91-120-4868400 •Email: investorrelation@sheelafoam.com • contactus@sheelafoam.com Regd. Office: 1002 to 1006 The Avenue, International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra, India, 400059 • Ph: Int-91-22-28265686/88/89 Toll Free: 1800 103 6664 • www.sleepwellproducts.com • www.sheelafoam.com CIN- L74899MH1971PLC427835 acquired change in shareholding. Brief background about the entity The Target was founded in 2012 by Mr. Ajith Mohan acquired in terms of products/line of Karimpana. It is one of the fastest-growing furniture business acquired, date of companies in India and is in a tech-driven business. incorporation, history of last 3 years Turnover (including other income) in last three turnover, country in which the years: acquired entity has presence and any FY’24 - Rs. 152 Crore other significant information (in brief) FY’25 – Rs. 240 Crore FY’26 – Rs.375 Crore SHEELA FOAM LTD. #14, Sleepwell Tower, Sector 135, Noida- 201301 Ph: Int-91-120-4868400 •Email: investorrelation@sheelafoam.com • contactus@sheelafoam.com Regd. Office: 1002 to 1006 The Avenue, International Airport Road, Opp Hotel Leela Sahar, Andheri East, Mumbai, Maharashtra, India, 400059 • Ph: Int-91-22-28265686/88/89 Toll Free: 1800 103 6664 • www.sleepwellproducts.com • www.sheelafoam.com CIN- L74899MH1971PLC427835