Meeting Details

  • Date: 28th September 2026
  • Type: 19th Annual General Meeting (e-AGM)
  • Mode: Conducted through video conferencing and other audio-visual means
  • Notice Date: 6th September 2026

Proposed Resolutions and Implications

The meeting transacted six resolutions:

Ordinary Business:

1. Receipt, consideration, and adoption of:

  • Standalone Audited Financial Statements for FY ended 31st March 2026 with Board of Directors and Auditors reports
  • Consolidated Audited Financial Statements for FY ended 31st March 2026 with Auditors report

2. Re-appointment of Mr. Sunil Suresh (DIN: 01421517) as director who retired by rotation

Special Business:

3. Change in designation of Mr. Sunil Suresh from Chairman and Managing Director to Executive Chairman (Whole-time Director) and approval of remuneration for residual term

4. Approval of remuneration of Mrs. Shubha Sunil (DIN: 01363687), Whole-time Director, for residual term

5. Change in designation of Mr. Venkataramana Seshagirirao Gorti (DIN: 08526382) from Joint Managing Director to Managing Director and approval of remuneration for residual term

6. Ratification of number of stock options and maximum vesting period under 'Stanley Lifestyles Limited Employee Stock Option Plan-2022'

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Open from Friday, 25th September 2026 (9:00 AM IST) to Sunday, 27th September 2026 (5:00 PM IST)
  • E-voting at AGM: Available to shareholders who had not cast their vote remotely
  • Service Provider: KFin Technologies Limited (https://evoting.kfintech.com/)
  • Cut-off date: 22nd September 2026 for determining voting eligibility

Key Voting Outcomes

Participation Statistics

  • Total shareholders on record date: 68,770
  • Shareholders present through VC/OAVM:
  • Promoters and Promoter Group: 1
  • Public: 37
  • Total votes cast: 36,973,413 shares (64.7229% of outstanding shares)

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements Adoption):

  • Total votes: 36,971,255 in favor (99.9942%), 2,158 against (0.0058%)
  • Promoter group: 32,574,205 votes (100% in favor)
  • Public institutions: 4,362,485 votes (100% in favor)
  • Public non-institutions: 34,565 in favor (94.1236%), 2,158 against (5.8764%)

Resolution 2 (Ordinary - Director Re-appointment):

  • Total votes: 36,971,143 in favor (99.9939%), 2,270 against (0.0061%)
  • Promoter group: 32,574,205 votes (100% in favor)
  • Public institutions: 4,362,485 votes (100% in favor)
  • Public non-institutions: 34,453 in favor (93.8186%), 2,270 against (6.1814%)

Resolution 3 (Special - Designation Change & Remuneration for Sunil Suresh):

  • Total votes: 33,023,165 in favor (89.3160%), 3,950,248 against (10.6840%)
  • Promoter group: 32,574,205 votes (100% in favor)
  • Public institutions: 414,598 in favor (9.5037%), 3,947,887 against (90.4963%)
  • Public non-institutions: 34,362 in favor (93.5708%), 2,361 against (6.4292%)

Resolution 4 (Special - Remuneration for Shubha Sunil):

  • Total votes: 33,023,165 in favor (89.3160%), 3,950,248 against (10.6840%)
  • Promoter group: 32,574,205 votes (100% in favor)
  • Public institutions: 414,598 in favor (9.5037%), 3,947,887 against (90.4963%)
  • Public non-institutions: 34,362 in favor (93.5708%), 2,361 against (6.4292%)

Resolution 5 (Special - Designation Change & Remuneration for Venkataramana Gorti):

  • Total votes: 33,023,165 in favor (89.3160%), 3,950,248 against (10.6840%)
  • Promoter group: 32,574,205 votes (100% in favor)
  • Public institutions: 414,598 in favor (9.5037%), 3,947,887 against (90.4963%)
  • Public non-institutions: 34,362 in favor (93.5708%), 2,361 against (6.4292%)

Resolution 6 (Special - ESOP Plan Ratification):

  • Total votes: 36,953,033 in favor (99.9449%), 20,380 against (0.0551%)
  • Promoter group: 32,574,205 votes (100% in favor)
  • Public institutions: 4,362,485 votes (100% in favor)
  • Public non-institutions: 16,343 in favor (44.5034%), 20,380 against (55.4966%)

Scrutinizer's Role and Findings

  • Scrutinizer: Kalaivani S, Practicing Company Secretary (Membership No. ACS 57112, CP No. 22158)
  • Voting breakdown: 54 members voted through remote e-voting, 6 members voted at AGM
  • Conclusion: All resolutions deemed passed by requisite majority
  • Records: All voting records maintained and handed over to Chairman/CFO for preservation

Compliance Confirmation

The voting process complied with:

  • Sections 108 & 109 of the Companies Act, 2013
  • Companies (Management & Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars including latest circular no. 03/2025 dated 22nd September, 2025
  • SEBI Circulars dated 12th May 2020, 15th January 2021, 13th May 2022, 25th September 2023, and 3rd October 2024

Additional Information

  • Company website: www.stanleylifestyles.com