Sheela Foam Limited
Kotak Mutual Fund trimmed its stake in Sheela Foam from 1.59% to 1.53%, selling 62,019 shares.
A leading manufacturer of mattresses and polyurethane foam products in India, Sheela Foam operates multiple production facilities across the country. The company specializes in foam technology and high-quality mattress solutions for both domestic and commercial applications. Since its establishment in 1971, it has built a strong nationwide presence and established itself as a trusted player in the Indian furniture and home furnishing sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.