Streamlining For Growth: We Consider Amalgamation Of Five Subsidiaries

As part of our ongoing efforts to simplify our corporate structure and enhance operational efficiency, the Board of Directors of Stanley Lifestyles Limited will consider a proposal for the amalgamation of five subsidiaries into Stanley Lifestyles Limited at its meeting scheduled on June 9, 2026.

The proposed amalgamation includes our wholly owned subsidiaries, Stanley OEM Sofas Limited and Stanley Retail Limited, along with step-down subsidiaries, SANA Lifestyles Limited, Staras Seating Private Limited, and Shrasta Decor Private Limited. The merger is proposed under the fast-track merger framework in accordance with Section 233 of the Companies Act, 2013, and will be subject to the necessary statutory and regulatory approvals.

This proposed consolidation reflects our commitment to building a more streamlined and agile organization. By bringing these entities under a single corporate structure, we aim to simplify operations, strengthen governance, improve resource utilization, and create greater synergies across our business.

As we continue to scale our operations and strengthen our position in the luxury home solutions industry, this initiative is expected to support more efficient decision-making, enhanced operational effectiveness, and long-term value creation.

The proposal will be reviewed by the Board during its upcoming meeting, following which the necessary regulatory disclosures will be made in accordance with applicable requirements.

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