STANLEYNSEStanley Lifestyles LimitedHighNegative
Announced Wed, 8 Apr · 16:24 IST

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.

Kmp ResignedManagement Changes View source PDF

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₹132.05
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₹132.61
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AI summary

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.

Likely market impact

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.