Stanley Lifestyles Limited — Important, 29-11-2024: General Updates

ABS Seating Private Limited, a subsidiary of Stanley Lifestyles Limited, has addressed an outstanding issue by paying ₹23,697 in interest for delayed provident fund contributions, as directed by the Regional Provident Fund Commissioner’s Office. This payment was successfully completed on November 22, 2024. With this action, the subsidiary has fulfilled its obligations, and there are no pending issues remaining regarding this matter. This compliance reflects positively on the subsidiary's commitment to regulatory adherence and financial responsibility. Investors may view this development as a step towards enhanced operational integrity.