The Exchange has sought clarification from Stanley Lifestyles Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is awaited.
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On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.4 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.
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NSE has asked Stanley Lifestyles to clarify discrepancies found in the financial results submitted in XBRL format for the quarter ended 31 March 2025, under Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements. The company is yet to respond to the exchange's query. This is a routine compliance clarification request and not a regulatory action against the company at this stage. Investors should watch for the company's response and any revised or corrected financial filings.
This is a routine exchange query on filing-format discrepancies and does not indicate any wrongdoing. However, unresolved discrepancies could affect investor confidence and may lead to further regulatory action if not addressed promptly.