Correction in disclosure category : Stanley Lifestyles Limited has informed the Exchange about order passed by Registrar of Companies (ROC), Karnataka upon the Directors of Sana Lifestyles ....
STANLEY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.9 pts more than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Registrar of Companies (ROC), Karnataka has imposed a penalty of up to Rs. 5,00,000 each on three directors of Sana Lifestyles Limited, a step-down subsidiary of Stanley Lifestyles. The penalty relates to alleged violations of Section 188(5)(ii) of the Companies Act, 2013, concerning related party transactions during financial years 2018-19 to 2021-22. The order was received on March 26, 2026, and the affected directors plan to appeal before the Regional Director in Bangalore. Stanley Lifestyles has stated that the financial or operational impact on the listed entity is not significant.
The penalty is on directors of a step-down subsidiary, not directly on Stanley Lifestyles, and the company itself says the impact is not significant. Shareholders should monitor the appeal outcome, but near-term financial or stock price impact is expected to be minimal.