Stanley Lifestyles Limited has submitted the Exchange a copy Scrutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Stanley Lifestyles Limited has submitted the voting results of a postal ballot conducted through remote e-voting between February 9, 2026 and March 10, 2026. The single special resolution was to appoint Mr. Venkataramana Seshagirirao Gorti as Director and Joint Managing Director of the company. A total of 45,986,396 votes were polled, representing 80.50% of the outstanding shares, with 99.99% of votes cast in favour and only 6,738 votes (0.01%) against. Promoters and promoter group voted unanimously in favour, public institutions turned out 95.58% with 100% approval, while public non-institutions had a lower 8.93% turnout with 99.35% voting in favour. 182 members participated in the e-voting process, and the resolution has been deemed passed with the requisite majority.
The appointment of a new Joint Managing Director has been confirmed with overwhelming shareholder support (99.99% in favour), reflecting strong confidence in the leadership addition. This is a routine but significant governance change that may influence the company's strategic direction and operational execution going forward.