Stanley Lifestyles logo

Stanley Lifestyles MD, chairman, board of directors and AGM

NSE: STANLEYBSE: 544202Consumer DurablesSmall Cap

Last close ₹127.22down ₹2.25 (1.74%)BSE ₹126.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹129.47.

52-week range of traded prices to 23 Oct 2026
₹123.00Low, 30 Mar 2026₹294.50High, 23 Oct 2025
Market cap
₹727 Cr1,533rd largest listed
P/E
155.3
P/E without one-offs
84.0
P/B
1.6
Dividend yield
Nonein the last 12 months
ROE
1.0%
ROE without one-offs
1.9%
ROCE
3.1%
Debt to equity
0.00
Volume, NSE
68,03237.2% delivered

Stanley Lifestyles board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonSunil Suresh
  • Managing directorVenkataramana Seshagirirao Gorti
  • Company Secretary and Compliance OfficerMukesh Sharma

6 directors3 independent3 executive

  • Sunil Suresh · ChairpersonExecutive · joined Oct 2007 · reappointed Oct 2007 · 1 listed board · 1 committee seat
  • Shubha SunilExecutive · joined Oct 2007 · reappointed Oct 2007 · 1 listed board · 1 committee seat
  • Venkataramana Seshagirirao Gorti · Managing directorExecutive · joined Dec 2025 · reappointed Dec 2025 · 1 listed board
  • Girish Shrikrishna NadkarniIndependent · joined Apr 2022 · reappointed Apr 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Ramanujam Venkat RaghavanIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Anusha ShettyIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Sonakshi Sunil, left 16 Dec 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 9 Jun 20266 of 6 present3 independent · 12 days in between
    • 27 May 20266 of 6 present3 independent · 48 days in between
    • 8 Apr 20266 of 6 present3 independent · 54 days in between
    • 12 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Girish Shrikrishna Nadkarni

    Ramanujam Venkat Raghavan, Shubha Sunil

    • 9 Jun 20263 of 3 present2 independent · 12 days in between
    • 27 May 20263 of 3 present2 independent · 103 days in between
    • 12 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Anusha Shetty

    Girish Shrikrishna Nadkarni, Ramanujam Venkat Raghavan

    • 27 May 20263 of 3 present3 independent · 48 days in between
    • 8 Apr 20262 of 3 present2 independent · 112 days in between
    • 16 Dec 20253 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Girish Shrikrishna Nadkarni

    Anusha Shetty, Sunil Suresh

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Ramanujam Venkat Raghavan

    Shubha Sunil, Venkataramana Seshagirirao Gorti

    • 27 May 20263 of 3 present1 independent · 196 days in between
    • 11 Nov 20253 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Ramanujam Venkat Raghavan

    Anusha Shetty, Shubha Sunil

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Stanley Lifestyles AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Stanley Lifestyles share news and announcements

Annual general meeting, 28 Sep 2026

68,770 shareholders on the register on 22 Sep 2026; present: 1 promoter and 37 others; votes counted by Kalaivani S / Kalaivani S.The company's voting result (opens in a new tab)

  1. ORDINARY - To receive, consider and adopt: i. The Standalone Audited Financial Statements for the financial year ended 31st March 2026, along with the Reports of the Board of Directors and the Auditors thereon. ii. The Consolidated Audited Financial Statements for the financial year ended 31st March 2026, along with the Report of the Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.88%

    Turnout: all 64.72% · promoters 99.99% · institutions 92.95% · other public 0.19%

  2. To appoint a Director in place of Mr. Sunil Suresh (DIN: 01421517), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.18%

    Turnout: all 64.72% · promoters 99.99% · institutions 92.95% · other public 0.19%

  3. To approve change in designation of Mr. Sunil Suresh (DIN: 01421517) from Chairman and Managing Director to Executive Chairman in the category of Whole-time Director and remuneration for the residual term of appointment.MoreLess
    Special
    89.32% for10.68% against

    Against: promoters 0.00% · institutions 90.50% · other public 6.43%

    Turnout: all 64.72% · promoters 99.99% · institutions 92.95% · other public 0.19%

  4. To approve remuneration of Mrs. Shubha Sunil (DIN: 01363687), Whole-time Director, for the residual term of appointment.
    Special
    89.32% for10.68% against

    Against: promoters 0.00% · institutions 90.50% · other public 6.43%

    Turnout: all 64.72% · promoters 99.99% · institutions 92.95% · other public 0.19%

  5. To approve change in designation of Mr. Venkataramana Seshagirirao Gorti (DIN: 08526382) from Joint Managing Director to Managing Director and remuneration for the residual term of appointment.
    Special
    89.32% for10.68% against

    Against: promoters 0.00% · institutions 90.50% · other public 6.43%

    Turnout: all 64.72% · promoters 99.99% · institutions 92.95% · other public 0.19%

  6. To consider and ratify the number of stock options and the maximum vesting period under 'Stanley Lifestyles Limited Employee Stock Option Plan-2022'
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 55.50%

    Turnout: all 64.72% · promoters 99.99% · institutions 92.95% · other public 0.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 6 Aug 2026, 1 resolution

70,847 shareholders on the register on 3 Jul 2026; votes counted by Vivek Mishra / M & A Associates.The company's voting result (opens in a new tab)

  1. Approval for the Scheme of Amalgamation of the Wholly Owned Subsidiaries and Step Down Subsidiaries to the Holding Company Stanley Lifestyles Limited
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 74.21% · promoters 99.98% · institutions 92.20% · other public 23.68%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Mar 2026, 1 resolution

72,690 shareholders on the register on 30 Jan 2026; votes counted by Kalaivani S / Kalaivani S.The company's voting result (opens in a new tab)

  1. To appoint Mr. Venkataramana Seshagirirao Gorti as Director and Joint Managing Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.65%

    Turnout: all 80.50% · promoters 100.00% · institutions 95.58% · other public 8.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 4 resolutions

75,659 shareholders on the register on 19 Sep 2025; present: 2 promoters and 39 others; votes counted by Kalaivani S / Kalaivani S.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: i. The Standalone Audited Financial Statements for the financial year ended 31st March 2025 and the Reports of the Board of Directors and Auditors thereon ii. The Consolidated Audited Financial Statements for the financial year ended 31st March 2025 and the Reports of the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 84.80% · promoters 100.00% · institutions 97.80% · other public 16.04%

  2. To appoint a Director in place of Mrs. Sonakshi Sunil (DIN: 09387990), who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    95.06% for4.94% against

    Against: promoters 0.00% · institutions 16.56% · other public 0.02%

    Turnout: all 84.80% · promoters 100.00% · institutions 97.80% · other public 16.04%

  3. To appoint Mr. Vijayakrishna KT, Practising Company Secretary as the Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 84.80% · promoters 100.00% · institutions 97.80% · other public 16.04%

  4. To approve an increase in the ESOP Pool from 15,08,212 options to 37,93,580 options and amendment in Stanley Lifestyles Limited Employee Stock Option Plan-2022
    Special
    84.46% for15.54% against

    Against: promoters 0.00% · institutions 52.09% · other public 0.02%

    Turnout: all 84.80% · promoters 100.00% · institutions 97.80% · other public 16.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 7 resolutions

Present: 3 promoters and 38 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: ni. The Standalone Audited Financial Statements for the financial year ended 31st March 2024 and the Reports of the Board of Directors and Auditors thereonnii. The Consolidated Audited Financial Statements for the financial year ended 31st March 2024 and the Reports of the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 84.69% · promoters 100.00% · institutions 98.62% · other public 12.25%

  2. To appoint a director in place of Mrs. Shubha Sunil (DIN: 01363687), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    95.80% for4.20% against

    Against: promoters 0.00% · institutions 13.79% · other public 0.02%

    Turnout: all 84.69% · promoters 100.00% · institutions 98.62% · other public 12.25%

  3. Re-Appointment of M/s. Deloitte Haskins & Sells LLP, Chartered Accountants as Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 84.69% · promoters 100.00% · institutions 98.62% · other public 12.25%

  4. Ratification of the ‘Employee Stock Option Plan 2022’
    Special
    77.89% for22.11% against

    Against: promoters 0.00% · institutions 72.59% · other public 0.01%

    Turnout: all 84.69% · promoters 100.00% · institutions 98.62% · other public 12.25%

  5. Ratification of Grant of Employee Stock Options to the Employees of Group Company(ies) including Subsidiary Company(ies) or Associate Company(ies) under ‘Employee Stock Option Plan 2022’
    Special
    77.89% for22.11% against

    Against: promoters 0.00% · institutions 72.59% · other public 0.01%

    Turnout: all 84.69% · promoters 100.00% · institutions 98.62% · other public 12.25%

  6. Appointment of Mrs. Sonakshi Sunil, (DIN: 09387990) as Director in the category of Non-Executive Director:
    Ordinary
    78.75% for21.25% against

    Against: promoters 0.00% · institutions 69.78% · other public 0.01%

    Turnout: all 84.69% · promoters 100.00% · institutions 98.62% · other public 12.25%

  7. To Approve the Material Related Party Transactions of Unlisted Subsidiaries
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.04% · other public 0.01%

    Turnout: all 27.87% · promoters 0.00% · institutions 98.62% · other public 12.20%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 6 Aug 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Approval for the Scheme of Amalgamation of the Wholly Owned Subsidiaries and Step Down Subsidiaries to the Holding Company Stanley Lifestyles Limited
    1 for0 against

Mutual fund votes, meeting of 10 Mar 2026, 6 fund houses

  • To appoint Mr. Venkataramana Seshagirirao Gorti as Director and Joint Managing Director of the Company.
    6 for0 against
2 earlier meetings

Mutual fund votes, meeting of 26 Sep 2025, 6 fund houses

  • To receive, consider and adopt: i. The Standalone Audited Financial Statements for the financial year ended 31st March 2025 and the Reports of the Board of Directors and Auditors thereon ii. The Consolidated Audited Financial Statements for the financial year ended 31st March 2025 and the Reports of the Auditors thereonMoreLess
    6 for0 against
  • To appoint a Director in place of Mrs. Sonakshi Sunil (DIN: 09387990), who retires by rotation and being eligible, offers herself for re-appointment.
    6 for0 against
  • To appoint Mr. Vijayakrishna KT, Practising Company Secretary as the Secretarial Auditor of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: Previous auditors’ remuneration not disclosed to ascertain any material change in the proposed Audit fee.
    5 for1 against
  • To approve an increase in the ESOP Pool from 15,08,212 options to 37,93,580 options and amendment in Stanley Lifestyles Limited Employee Stock Option Plan-2022
    Against HDFC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • HDFC Mutual FundWe do not favor ESOP schemes where options are granted at a significant discount to market price. We do not support the resolution.
    • Motilal Oswal Mutual FundNo concern with regard to proposed modification per-se, however, concern identified with regard to underlying schemes to which modification proposed. Non-Compliant with SEBI (SBEB & SE) Regulations: Non-Disclosure of Vesting Period & Exercise Price as per SEBI Regulations. Governance concern: Potential economic benefits to a single employee appears to be disproportionate and excessive.
    • Nippon India Mutual FundConcern identified with regard to underlying schemes to which modification proposed. Non-Compliant with SEBI (SBEB & SE) Regulations: Non-Disclosure of Vesting Period & Exercise Price as per SEBI Regulations. Governance concern: Potential economic benefits to a single employee appears to be disproportionate and excessive.
    3 for3 against

Mutual fund votes, meeting of 30 Sep 2024, 7 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt: ni. The Standalone Audited Financial Statements for the financial year ended 31st March 2024 and the Reports of the Board of Directors and Auditors thereonnii. The Consolidated Audited Financial Statements for the financial year ended 31st March 2024 and the Reports of the Auditors thereonMoreLess
    6 for0 against
  • To appoint a director in place of Mrs. Shubha Sunil (DIN: 01363687), who retires by rotation and being eligible, offers herself for re-appointment
    7 for0 against
  • Re-Appointment of M/s. Deloitte Haskins & Sells LLP, Chartered Accountants as Statutory Auditors of the Company
    7 for0 against
  • Ratification of the ‘Employee Stock Option Plan 2022’
    Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Franklin Templeton Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Nippon India Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Exercise price not disclosed. Governance concern: Potential economic benefits to a single employee appears to be disproportionate and excessive. Benefit extended to Associate Companies without justification or cost reimbursement provision. Transparency concern: Inadequate disclosures regarding vesting conditions.
    • Edelweiss Mutual FundInadequate disclosures regarding vesting conditions.
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because: • The stock options may be issued with an exercise price at a discount to the current market price. • The company has not specified objective performance parameters, performance targets and thresholds for vesting. • The proposals include grant of units to employees of associate companies without a compelling rationale.
    • HDFC Mutual FundESOPs/RSUs are granted at a significant discount to market price
    2 for5 against
  • Ratification of Grant of Employee Stock Options to the Employees of Group Company(ies) including Subsidiary Company(ies) or Associate Company(ies) under ‘Employee Stock Option Plan 2022’
    Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Franklin Templeton Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Nippon India Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Exercise price not disclosed. Governance concern: Potential economic benefits to a single employee appears to be disproportionate and excessive. Benefit extended to Associate Companies without justification or cost reimbursement provision. Transparency concern: Inadequate disclosures regarding vesting conditions.
    • Edelweiss Mutual FundInadequate disclosures regarding vesting conditions.
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because: • The stock options may be issued with an exercise price at a discount to the current market price. • The company has not specified objective performance parameters, performance targets and thresholds for vesting. • The proposals include grant of units to employees of associate companies without a compelling rationale.
    • HDFC Mutual FundESOPs/RSUs are granted at a significant discount to market price
    2 for5 against
  • Appointment of Mrs. Sonakshi Sunil, (DIN: 09387990) as Director in the category of Non-Executive Director:
    Against Bandhan Mutual Fund, Franklin Templeton Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Nippon India Mutual FundNo concern on merit of the appointee. Non-compliance: Appointment as a NED (KMP) not in accordance with the law.
    • Franklin Templeton Mutual FundA vote AGAINST the nominee is warranted because Sonakshi Sunil's limited leadership/board experience raises concerns on her potential contribution to the board.
    4 for3 against
  • To Approve the Material Related Party Transactions of Unlisted Subsidiaries
    Against Edelweiss Mutual Fund
    • Edelweiss Mutual FundBasis for Arm’s Length pricing not disclosed.
    5 for1 against
3 proposals not matched to one resolution
  • 7) Approve related party transactions between Shrasta Décor Private Limited (step-down subsidiary) and Design Eight Private Limited (entity in which the Key Managerial Personnel of Shrasta Décor Private Limited exercise control) aggregating Rs. 94.5 mn during FY25.MoreLess
    1 for0 against
  • Accept Consolidated Financial Statements and Statutory Reports
    1 for0 against
  • Accept Standalone Financial Statements and Statutory Reports
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeThe Commissioner of Income Tax, Central Circle–1(1)Since 10 Feb 2026
    A rectification order under Section 154 of the Income-tax Act, 1961 has been received. The Company has submitted its reply, and the matter is currently pending confirmation from the Income-tax Department for closure of the proceedings.MoreLess
    At the filing before: Pending

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A statement's amounts are left out where the company filed the same raise a power of ten apart in its other statements and the filings do not settle which is right.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Public IssuesJun 2024, checked by ICRA Limited–Opening of New Stores by such Subsidiaries under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" (New Stores)––No
Public IssuesJun 2024, checked by ICRA Limited–Opening anchor stores (Anchor Stores) by such Subsidiaries––No
Public IssuesJun 2024, checked by ICRA Limited–Renovation of the Existing Stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (Existing Stores) by such subsidiaries––No
Public IssuesJun 2024, checked by ICRA Limited–Funding the capital expenditure requirements for purchase of new machinery and equipment––No
Public IssuesJun 2024, checked by ICRA Limited–General corporate purposes––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.