Stanley Lifestyles Limited — Important, 14-08-2025: General Updates

Stanley Lifestyles received a notice from Central Tax authorities regarding an Input Tax Credit (ITC) mismatch of ₹1.59 Cr for FY22-23. The company is directed to explain or reverse the ineligible ITC along with interest within seven working days. While no penalty or sanction is imposed yet, this amount, plus interest, is potentially recoverable. Stanley Lifestyles is reviewing the matter and preparing an appropriate response. Investors should note this potential financial liability, which the company is actively addressing.