Stanley Lifestyles opens Prerana Auditorium under CSR

1 min read     Updated on 23 Jun 2026, 03:21 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

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
-2.04%+3.93%-7.19%-31.74%-56.45%-68.91%

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?

Stanley Lifestyles wins ₹10.97 lakh order from Infopark Developers

1 min read     Updated on 20 Jun 2026, 12:50 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Stanley Lifestyles Limited received an order valued at ₹10,96,928 from Infopark Developers Private Limited for supplying armchairs to an office area. The domestic order, inclusive of GST and delivery charges, is to be executed within 45–60 days. Payment terms require 75% advance for made-to-order items and 100% advance for ready stock, with no related party interests involved.

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Stanley Lifestyles Limited has secured an order worth ₹10,96,928 from Infopark Developers Private Limited for the supply of armchairs for an office area. The order value is inclusive of GST and delivery charges, and the project is scheduled for execution within a period of 45–60 days. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The order was awarded by Infopark Developers Pvt Ltd, identified as a domestic entity. The contract specifically covers the supply of armchairs for an office site. According to the terms, the GST amount will be released only after the submission of delivery proof, tax invoice, and E-way bill. Additionally, delivery, transportation, and other site-related charges will be levied as per the quotation terms.

Financial and Operational Terms

The table below outlines the key particulars of the order:

Particulars Details
Client Infopark Developers Pvt Ltd (Tata Realty)
Nature of Order Supply of Armchairs for office area
Order Value ₹10,96,928 (inclusive of GST and delivery charges)
Execution Period 45-60 days
Entity Type Domestic

Payment Structure

The payment terms for the order vary based on the product type. For made-to-order products, the terms stipulate a 75% advance payment, with the remaining 25% due before delivery. In the case of ready stock items, 100% advance payment is required. The disclosure confirms that the order does not fall within related party transactions, and the promoter group has no interest in the entity awarding the contract.

Historical Stock Returns for Stanley Lifestyles

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%+3.93%-7.19%-31.74%-56.45%-68.91%

Will this order serve as a catalyst for Stanley Lifestyles to secure additional contracts from Tata Realty or other large real estate developers?

How will the 45-60 day execution timeline impact Stanley Lifestyles' production capacity and order fulfillment pipeline for the current quarter?

Could this specific supply agreement expand into a long-term partnership for furnishing other Infopark or Tata Realty commercial projects?

More News on Stanley Lifestyles

1 Year Returns:-56.45%