Stanley Lifestyles is opening a new "Sofas and More by Stanley" store in Jaipur, Rajasthan, on August 2, 2026. The expansion move, executed in partnership with NDA Corp LTD, aims to strengthen the company’s retail footprint in the region. The new outlet spans approximately 6,500 square feet, adding significant capacity to the brand's existing network.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited on July 31, 2026. Mukesh Sharma, Company Secretary & Compliance Officer of Stanley Lifestyles Limited, signed the regulatory filing.

Store Details

The new facility represents a strategic addition to Stanley Lifestyles' retail operations in Rajasthan. Below are the key specifications of the new store:

Strategic Context

The opening reinforces Stanley Lifestyles' commitment to expanding its physical distribution channels. By partnering with NDA Corp LTD for this specific location, the company leverages local expertise to manage operations in Jaipur. The 6,500-square-foot format allows for a comprehensive display of the "Sofas and More by Stanley" product range, catering to local consumer demand for home furnishings.

What the Numbers Show

While the filing does not disclose financial projections for the new unit, the scale of the store—6,500 square feet—indicates a substantial investment in retail space compared to smaller format outlets. This size suggests an intent to capture higher-value transactions through extensive product visibility. The partnership model with NDA Corp LTD likely mitigates some of the capital expenditure risks associated with direct ownership, allowing for faster market penetration in key tier-2 cities like Jaipur.

Stanley Lifestyles Limited has published the notice for its postal ballot process in newspapers to seek shareholder approval for the amalgamation of its subsidiaries. The notice was published in the Financial Express (All Editions) in English and Vijaya Karnataka (Karnataka Edition) in Kannada on July 08, 2026. The scheme involves the merger of five subsidiaries into the holding company to improve efficiency and reduce administrative costs.

The Board of Directors approved the scheme on June 09, 2026. The appointed date for the amalgamation is April 01, 2026. As the transferor companies are wholly owned or step-down subsidiaries, no share exchange ratio is required, and the shares held by the transferee company will be cancelled automatically.

Key Details of the Scheme

The remote e-voting period commences on Wednesday, July 08, 2026, at 09:00 AM IST and ends on Thursday, August 06, 2026, at 05:00 PM IST. The cut-off date to determine the eligibility of members to vote is Friday, July 03, 2026. Mr. Vivek Mishra, Practicing Company Secretary, has been appointed as the scrutinizer for the process. The results are expected to be declared on or before Saturday, August 08, 2026.