Stanley Lifestyles Limited — Important, 12-08-2025: General Updates

Stanley Lifestyles' step-down subsidiary, Sana Lifestyles, received a Show Cause Notice from the Registrar of Companies, Bangalore. The notice relates to alleged violations concerning substantial related party transactions during FY 2021-22, reportedly without necessary Board approvals and with inadequate disclosures. The authority seeks explanations and proof of arm’s length basis. The expected financial implication for four Directors/Ex-Directors of Sana Lifestyles is ₹0.05 Cr each, though no penalty has been imposed yet. The subsidiary is evaluating its response.