Business Update10 Jun 2026, 02:42 pm
Stanley Lifestyles Bags ₹1.63 Cr Home Cabinetry Order
AI Summary
Stanley Lifestyles Limited has secured a significant order worth ₹1,62,53,048 (approximately ₹1.63 Crore) inclusive of GST from AS Rajgopal Family Private Trust for the supply and execution of a full home cabinetry order. The company has received an advance of ₹86,18,132, with the remaining balance of ₹76,34,916 payable before delivery. The order is for domestic cabinetry and is expected to be executed within 6-8 weeks. This new business win is a positive development for Stanley Lifestyles, indicating continued demand for its products and services.
Key Highlights
- Secured a new order valued at ₹1.63 Crore from AS Rajgopal Family Private Trust.
- Order involves supply and execution of full home cabinetry.
- Advance payment of ₹86.18 Lakhs received; balance ₹76.35 Lakhs due.
- Execution timeline for the domestic order is 6-8 weeks.
- No promoter or group company interest in the awarding entity.
Price Impact
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