Significant movement in price has been observed in Stanley Lifestyles Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Stanley Lifestyles Limited has submitted their response.

The National Stock Exchange and BSE wrote to Stanley Lifestyles Limited seeking clarification on significant price movement in the company's shares. In response, the company stated that it has been complying with all disclosure obligations under SEBI regulations. The company confirmed there is no undisclosed or unpublished price-sensitive information, no pending announcements, or any events that may have a bearing on the share price movement. The company attributed the price movement purely to market forces and stated it has no specific knowledge of the reasons behind the movement.