Stanley Lifestyles Limited has informed the Exchange regarding Resignation of Mr Rasmi Ranjan Naik as Company Secretary & Compliance Officer of the Company w.e.f. April 08, 2026.
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On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.8 pts less than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Stanley Lifestyles Limited has informed the stock exchanges that Mr. Rasmi Ranjan Naik has resigned from the position of Company Secretary and Compliance Officer with effect from the close of business hours on April 8, 2026. The Company Secretary is classified as a Key Managerial Personnel (KMP) under the Companies Act. Mr. Naik has cited personal reasons for his resignation and confirmed there are no other material reasons. The resignation letter has been enclosed with the filing, and the company will now need to appoint a replacement. The intimation has been made under Regulation 30 of the SEBI Listing Regulations.
This is a routine KMP-level exit due to personal reasons with no governance red flags reported. Investors should watch for the appointment of a new Company Secretary, as a prolonged vacancy in this compliance-critical role could create temporary governance or disclosure risks.