Board Meeting27 May 2026, 07:31 pm
Stanley Lifestyles Approves FY26 Audited Results, Merger
AI Summary
Stanley Lifestyles Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They also approved the re-designation of key management personnel and a proposed merger of subsidiary companies. The board approved the Business Responsibility and Sustainability Report for FY26.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved with unmodified audit opinion.
- Mr. Sunil Suresh re-designated as Chairman; Mr. Venkataramana Seshagirirao Gorti as Managing Director.
- Merger approved between Stanley OEM Sofas and other subsidiaries with Stanley Lifestyles.
- Board's Report and Business Responsibility and Sustainability Report for FY26 approved.
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