Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 02:30 PM IST
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Type: 19th Annual General Meeting

Proposed Resolutions and Implications

Ordinary Business

1. To receive, consider and adopt:

  • Standalone Audited Financial Statements for financial year ended 31st March 2026 with Reports of Board of Directors and Auditors
  • Consolidated Audited Financial Statements for financial year ended 31st March 2026 with Report of Auditors

2. To appoint a Director in place of Mr. Sunil Suresh (DIN: 01421517) who retires by rotation and offers himself for re-appointment

Special Business

3. Change in designation of Mr. Sunil Suresh from Chairman and Managing Director to Executive Chairman with revised remuneration:

  • Gross Monthly Salary: ₹16,41,708
  • Benefits: Telephone/internet, HRA, up to 2 vehicles with drivers
  • Term: From 27 May 2026 until 15 August 2028

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

  • Gross Monthly Salary: ₹17,53,390
  • Benefits: Telephone/internet, HRA, up to 2 vehicles with drivers
  • Term: From 16 August 2026 until 15 August 2028

5. Change in designation of Mr. Venkataramana Seshagirirao Gorti from Joint Managing Director to Managing Director with revised remuneration:

  • Gross Monthly Salary: ₹15,41,667
  • Perquisites: Rented accommodation (₹2.2 lakhs monthly rent), company car with driver
  • ESOPs: 5,70,000 stock options
  • Term: From 1 June 2026 until 15 December 2028

6. Ratification of ESOP pool increase from 15,08,212 Options to 37,93,580 Options under Stanley Lifestyles Limited Employee Stock Option Plan-2022

Voting Process and Methods

  • Remote e-voting facility provided through KFin Technologies Limited
  • Cut-off date: Tuesday, September 22, 2026 for determining voting eligibility
  • Remote e-voting period: September 25, 2026 (9:00 a.m. IST) to September 27, 2026 (5:00 p.m. IST)
  • Scrutinizer: Mrs. Kalaivani S (Membership No. ACS57112, CP No. 22158), Practicing Company Secretary
  • Voting during AGM: Facility available for members who haven't voted remotely
  • Proxy facility: Not applicable since AGM is conducted through VC/OAVM

Compliance with Laws and Regulations

The meeting is conducted in compliance with:

  • Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • MCA General Circular No. 03/2025 dated September 22, 2025
  • SEBI Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI

Additional Information

  • Company Performance: FY 2025-26 turnover of ₹1,986 million and profit of ₹100 million
  • Attendance: Quorum will be counted for members attending through VC/OAVM under Section 103 of Companies Act, 2013
  • Document availability: Notice and Annual Report available on company website (www.stanleylifestyles.com) and stock exchange websites
  • Results declaration: Scrutinizer's report to be submitted within 48 hours of AGM conclusion and displayed on company website

Shareholder Communication

  • Members can join AGM 30 minutes before scheduled time
  • Facility available for 1,000 members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Corporate members must send certified copy of Board resolution/authorization letter to scrutinizer at compliance@stanleylifestyles.com with copy to einward.ris@kfintech.com