Stanley Lifestyles assigns interim CFO role to Shubha Sunil
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































