Management Appointment Details

Stanley Lifestyles Limited has appointed CA. Sudhir Iyer as Group Chief Financial Officer effective August 17, 2026. The appointment was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New CFO Background and Experience

CA. Sudhir Iyer brings more than two decades of professional experience across corporate finance, financial strategy, mergers and acquisitions, IPOs, treasury, governance and business transformation. His specific expertise includes:

  • Financial planning and performance management
  • Mergers and acquisitions transactions
  • Initial public offerings (IPOs)
  • Treasury management
  • Financial restructuring
  • ERP implementation
  • Governance frameworks
  • Digital finance transformation

Previous Roles

Iyer joins Stanley Lifestyles from Revathi Equipment Limited (Dalmia Group), where he served as Group CFO & Vice President, leading financial strategy, business expansion and transformation initiatives. Prior to this, he held leadership positions at Goenka International and senior finance roles at Arvind Lifestyle Brands Ltd.

Responsibilities at Stanley Lifestyles

In his new role as Group CFO, Sudhir Iyer will lead the Group's Finance and IT functions with specific responsibilities including:

  • Financial planning and analysis
  • Treasury management
  • Taxation
  • Accounting and compliance
  • Risk management
  • Investor relations
  • M&A and business finance
  • Information technology function

Strategic Mandate

Iyer's mandate includes strengthening financial performance, governance, operational efficiency and long-term value creation. He will focus on building a strong and agile finance function that supports business growth through:

  • Disciplined capital allocation
  • Robust financial planning
  • Effective risk management
  • Technology-led transformation

Management Commentary

CA. Sudhir Iyer, Group Chief Financial Officer stated: "I am delighted to join Stanley Lifestyles at an exciting stage of its growth journey. Stanley has built a strong position in India's premium and luxury furniture market, supported by its integrated manufacturing capabilities, differentiated brands and expanding retail presence."

Venkataramana Gorti, Managing Director commented: "We are pleased to welcome Sudhir to the Stanley Lifestyles leadership team. His extensive experience across corporate finance, M&A, capital markets, governance and business transformation will be valuable as we enter our next phase of growth."

Company Background

Stanley Lifestyles Limited is one of India's largest integrated super-premium and luxury furniture manufacturers and retailers. The company operates with:

  • Three manufacturing facilities in Bengaluru spanning over 300,000 square feet
  • 72 retail outlets across major Indian cities through both company-owned and franchise formats
  • Brands including Stanley Level Next, Stanley Boutique and Sofas & More
  • Product portfolio covering sofas, recliners, dining sets, kitchen cabinetry, beds, wardrobes and accessories

Strategic Context

The appointment strengthens Stanley Lifestyles' leadership team as the company continues to scale its operations, strengthen its financial and governance frameworks, and build a robust foundation for sustainable growth in India's premium and luxury home solutions market.