Stanley Lifestyles Limited — Board Meeting, 12-02-2025: Outcome of Board Meeting

The Board of Directors of Stanley Lifestyles Limited has approved the unaudited financial results for the quarter and nine months ending December 31, 2024. Revenue from operations amounted to ₹1,097 Cr, while profit for the period reached ₹89 Cr. Additionally, the board modified the corporate guarantee for Stanley OEM Sofas Limited, reducing it from ₹17 Cr to ₹7 Cr. An overdraft facility against fixed deposits of ₹10.01 Cr was also approved. The Nomination and Remuneration Committee noted the allotment and grant of ESOPs in the meeting.