Stanley Lifestyles Limited has secured a significant order worth ₹1.63 crore from AS Rajgopal Family Private Trust for the supply and execution of full home cabinetry. The order, valued at ₹1,62,53,048 inclusive of GST, was booked on June 09, 2026, through the company's Hosur Road SLN store. This contract underscores the company's continued traction in the domestic cabinetry market.

The transaction involves a non-refundable advance payment of ₹86,18,132, with the balance amount of ₹76,34,916 payable before delivery. Payment terms stipulate that transactions will be conducted via bank transfer, and the price validity is set for 120 days. The order is classified as a domestic transaction and does not fall under related party transactions, nor do the promoter or group companies hold any interest in the entity awarding the contract.

The execution timeline for the full home cabinetry order is set between 6 to 8 weeks. The disclosure was made to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circular dated July 13, 2023.

Order Details

The company confirmed that the information has been submitted to the National Stock Exchange of India Limited and BSE Limited for their records.

Stanley Lifestyles Limited has approved the amalgamation of five subsidiaries into the company to simplify its group structure and achieve operational efficiencies. The Board of Directors approved the Scheme of Amalgamation under Section 233 of the Companies Act, 2013, involving Stanley OEM Sofas Limited, Stanley Retail Limited, SANA Lifestyles Limited, Staras Seating Private Limited, and Shrasta Decor Private Limited. The transaction is an inter-group restructuring where no consideration will be payable and no shares will be issued by the transferee company.

The amalgamation is subject to requisite approvals from shareholders, creditors, stock exchanges, the Regional Director, and the Registrar of Companies. The board meeting was convened on June 9, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scheme aims to consolidate businesses under a unified platform, eliminate multiple legal entities, and reduce administrative and compliance costs.

The financial details of the entities involved as of March 31, 2026, are outlined below. The amounts are in INR million.

The subsidiaries are engaged in the manufacturing, retailing, and trading of furniture, home décor, and allied products. The merger is intended to enable better management focus and optimum utilization of resources. Stanley Lifestyles Limited will serve as the transferee company in this fast-track merger process.