ScoutQuest1 Oct 2026
Sheela Foam540203JV deal update

Sheela Foam: Furlenco (House of Kieraya) becomes subsidiary from 1 Oct 2026; stake stays 34.53%, no consideration

34.53%SFL shareholding in HOK
SFL shareholding in HOK: 34.53%.
Target Company
House of Kieraya Limited (Furlenco)
Shareholding Position
34.53% equity with control
Amendment Date
1 Oct 2026
Entity Status Change
Converted from jointly controlled entity into a subsidiary
Target
House of Kieraya Limited (Furlenco)

Sheela Foam: Furlenco (House of Kieraya) becomes subsidiary from 1 Oct 2026; stake stays 34.53%, no consideration.

Rs. 375 Crore×2.47
FY24Rs. 152 CroreFY2025-26Rs. 375 Crore
HOK turnover: Rs. 152 Crore (FY24) and Rs. 375 Crore (FY2025-26).
Shareholders' Agreement
Amendment agreement effective date of change in status
Shareholders' Agreement 17 Jul 2023 · Amendment agreement 1 Oct 2026

Also from Sheela Foam

Final interest and redemption paid on Unsecured Non-Convertible Debentures; none outstanding

6 Oct 2026

More numbers
  • SFL shareholding in HOK34.53%
  • HOK turnover FY 2025-26Rs. 375 Crore
  • HOK turnover FY'25Rs. 240 Crore
  • HOK turnover FY'24Rs. 152 Crore
Source: BSE · 1 Oct 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.