Sheela Foam Limited
SBI Mutual Fund decreased its stake in Sheela Foam Limited from 9.20% to 8.54%, selling 6,66,748 shares. The value of the reduced stake is ₹50.75 Cr, calculated at the last available share price of ₹761.10.
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.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.