Stanley Lifestyles wins ₹10.97 lakh order from Infopark Developers
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.43% | +6.99% | -5.69% | -31.87% | -57.03% | -69.04% |
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?
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