Stanley Lifestyles Limited promoter Sunil Suresh increased his stake in the company by acquiring 1,01,000 equity shares through an open market purchase on the NSE. The transaction, executed on June 3, 2026, was valued at ₹1,46,88,935 and raised his total holding to 28.47% of the paid-up share capital, signaling confidence in the company's growth prospects.

Prior to this acquisition, Sunil Suresh held 16,193,547 equity shares, representing 28.35% of the company's paid-up share capital. Following the purchase of 1,01,000 shares, his total holding stands at 16,294,547 equity shares. The disclosure was submitted to the exchanges on June 4, 2026, in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Details of Acquisition

The acquisition was conducted entirely through the NSE Cash Segment. The following table outlines the specific details of the transaction and the resulting change in shareholding:

The disclosure was formally intimated to Stanley Lifestyles Limited on June 4, 2026. The company confirmed that the requisite disclosure in Form B has been enclosed and will be hosted on its official website. The compliance officer for the filing was Mukesh Sharma.

Stanley Lifestyles Limited has scheduled a board meeting for June 9, 2026, to consider and approve the amalgamation of five subsidiaries into the company. The board will evaluate the scheme of amalgamation for Stanley OEM Sofas Limited and Stanley Retail Limited, which are wholly owned subsidiaries, as well as SANA Lifestyles Limited, Staras Seating Private Limited, and Shrasta Decor Private Limited, which are step-down subsidiaries. This strategic consolidation aims to merge these entities with Stanley Lifestyles Limited, the transferee company, pursuant to the fast-track merger process under Section 233 of the Companies Act, 2013.

The proposed merger is subject to the receipt of necessary statutory and regulatory approvals from relevant authorities. The meeting is being convened in accordance with Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The subsidiaries involved in the amalgamation process include two direct wholly owned subsidiaries and three step-down subsidiaries. The move is intended to streamline operations and consolidate the business structure within the parent entity.

The board meeting is set to take place on June 9, 2026, at 12:50 P.M. Following the meeting, the company will make the relevant information available on its official website.