Stanley Lifestyles Appoints Whole-Time Director as Interim Chief Financial Officer
Stanley Lifestyles Limited has appointed its Whole-Time Director, Mrs. Shubha Sunil, to handle the additional responsibilities and functions of the Chief Financial Officer (CFO) on an interim basis. This designation comes as the company seeks continuity in financial management while a permanent CFO is appointed by the Board of Directors.The interim arrangement became effective from June 29, 2026. The appointment was made following the previous incumbent's resignation and is intended to ensure continuous statutory compliances, regulatory reporting, and operational requirements for the company.
Mrs. Shubha Sunil will continue in her capacity as a Whole-Time Director during this interim period. Her responsibilities include overseeing and supervising the finance and accounts function, reviewing and authenticating financial statements, providing oversight over internal financial controls, and representing the Company before regulators and stakeholders regarding finance matters.
Key Details of the Interim CFO Appointment
The company confirmed the appointment details and profiles in its official records. The key managerial personnel details for this transition are summarized below:| Particulars | Details |
|---|---|
| Name of Key Managerial Personnel | Mrs. Shubha Sunil |
| Role Assigned | Interim Chief Financial Officer (CFO) |
| Date of Appointment | June 29, 2026 |
| Term of Assignment | Interim basis until a CFO is appointed by the Board of Directors |
| Brief Profile | Co-Founder and Director. She holds a Bachelor of Science degree from Bangalore University and completed the INSEAD Leadership Programme for Senior Executives. As a Promoter and Director since October 11, 2007, she has contributed significantly to the Company's strategic vision and growth. |
| Relationship Disclosure | Mrs. Shubha Sunil is the spouse of Mr. Sunil Suresh, Chairman of the Company. |
Operational Continuity
The designation ensures that all critical financial functions—including compliance and statutory reporting—are managed efficiently during this transition period. The company communicated this interim appointment to its Board of Directors, the Audit Committee, and the Nomination and Remuneration Committee to ensure transparency and good governance practices are maintained.Mrs. Shubha Sunil accepted the interim designation, committing to discharge the responsibilities in accordance with applicable law and the internal governance framework of Stanley Lifestyles Limited.
STANLEY Stock Price Movement
Stanley Lifestyles Limited shares rallied on Monday, edging higher by 4.43% to settle at ₹150.91. The stock traded a total of 505,395 shares as it ranged throughout the day between a low of ₹141.64 and a high of ₹153.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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