Stanley Lifestyles assigns interim CFO role to Shubha Sunil

1 min read     Updated on 30 Jun 2026, 02:12 AM
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Stanley Lifestyles has designated Whole-Time Director Shubha Sunil as the interim Chief Financial Officer effective June 29, 2026, to maintain financial stability and compliance after the resignation of the former CFO on March 31, 2026. Sunil, a Co-Founder and Promoter, will oversee finance, accounts, and regulatory reporting until a permanent CFO is appointed by the Board.

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Stanley Lifestyles has assigned the additional responsibilities and functions of the Chief Financial Officer to Whole-Time Director Shubha Sunil on an interim basis effective June 29, 2026. The decision ensures continuity of the company's financial management, statutory compliances, and regulatory reporting following the vacancy that arose after the previous CFO resigned effective March 31, 2026.

Mrs. Sunil, who is also a Co-Founder and Promoter of the company, will oversee the finance and accounts function, provide oversight over financial reporting and internal controls, and represent the company before statutory authorities. She holds a Bachelor of Science degree from Bangalore University and has completed the INSEAD Leadership Programme for Senior Executives.

Key Managerial Personnel Details

Particulars Details
Name Mrs. Shubha Sunil (DIN: 01363687)
Designation Whole-Time Director & Interim Chief Financial Officer
Date of Effect June 29, 2026
Reason Interim assignment to ensure continuity of financial operations

The interim arrangement will remain in force until the Board of Directors appoints a permanent Chief Financial Officer. The company stated that this measure is in compliance with Regulation 26A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 203 of the Companies Act, 2013, which mandate filling the vacancy within a prescribed timeline.

Mrs. Sunil is the spouse of Sunil Suresh, Chairman of the company. The Board, Audit Committee, and Nomination and Remuneration Committee have been informed of this interim designation in the interest of transparency and good governance.

Historical Stock Returns for Stanley Lifestyles

1 Day5 Days1 Month6 Months1 Year5 Years
+0.95%-0.24%+9.11%-20.58%-54.90%-67.10%

What is the expected timeline for the Board to appoint a permanent Chief Financial Officer?

How will Mrs. Sunil's dual role as Co-Promoter and interim CFO impact the company's corporate governance perception?

Will the interim arrangement influence Stanley Lifestyles' financial strategy or reporting standards in the near term?

Stanley Lifestyles opens Prerana Auditorium under CSR

1 min read     Updated on 23 Jun 2026, 03:21 AM
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Stanley Lifestyles Limited inaugurated the Prerana Auditorium at Rotary Bangalore Vidyalaya on June 13, 2026, under its Corporate Social Responsibility initiatives. Over two years, the company invested ₹1.35 crore with the Rotary Club of Bangalore to upgrade school infrastructure, including classrooms and sanitation. The auditorium aims to provide a venue for academic and cultural activities to foster student development.

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Stanley Lifestyles Limited has inaugurated the Prerana Auditorium at Rotary Bangalore Vidyalaya on June 13, 2026, under its Corporate Social Responsibility (CSR) initiatives. The new facility will serve as a dedicated venue for academic, cultural, and extracurricular activities, aiming to help students build confidence and develop essential life skills. This initiative marks a significant step in the company's commitment to education and community development.

Over the past two years, Stanley Lifestyles , in partnership with the Rotary Club of Bangalore, has invested approximately ₹1.35 crore towards the comprehensive development of the school's infrastructure. The investment has funded the enhancement of classrooms, sanitation facilities, drinking water systems, play areas, and administrative infrastructure to create a better learning environment.

Venkataramana Gotri, Managing Director of Stanley Lifestyles Limited, stated that the company views education as a powerful investment for the future. He described the Prerana Auditorium as a platform for students to express themselves and discover their talents, expressing gratitude to the Rotary Club of Bangalore and school management for their support.

The inauguration ceremony was attended by representatives from Stanley Lifestyles, the Rotary Club of Bangalore, school management, teachers, students, and community leaders. The auditorium is envisioned as a dynamic space to nurture creativity, confidence, and personal growth among the student body.

Stanley Lifestyles Limited is a manufacturer and retailer of super-premium and luxury furniture, offering home solutions under brands such as Stanley Level Next, Stanley Boutique, and Sofas & More. The company operates two manufacturing facilities in Bengaluru and manages 71 retail outlets across major Indian cities.

Historical Stock Returns for Stanley Lifestyles

1 Day5 Days1 Month6 Months1 Year5 Years
+0.95%-0.24%+9.11%-20.58%-54.90%-67.10%

Does Stanley Lifestyles plan to expand its CSR initiatives to other schools or regions in the coming years?

How will the company measure the impact of the auditorium on student development and community engagement?

Will this increased CSR investment influence Stanley Lifestyles' brand perception among luxury consumers?

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