SLStanley Lifestyles544202Admin disclosure update

Board authorises Company Secretary to decide materiality of events and make disclosures to exchanges

Stanley Lifestyles has informed NSE and BSE that its Board has authorised Ms. Manju Sandeep, Company Secretary and Compliance Officer.

By ScoutQuest · Wed 4 Nov 2026, 3:59 PM IST · 1 min read

Authorised Person

Ms. Manju Sandeep, Company Secretary and Compliance Officer

Regulatory Provision

Regulation 30(5) of SEBI LODR

What the update says

• The Board of Directors has authorised Ms. Manju Sandeep, Company Secretary and Compliance Officer, to determine the materiality of events or information.
• The same person is authorised to make the appropriate disclosures to the stock exchanges under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The letter is signed by Sunil Suresh, Executive Chairman.

What Regulation 30 is about

• Listed companies must promptly tell the stock exchanges about events that could matter to investors, such as big orders, fund-raising, leadership changes or major agreements.
• Not every event is equally important, so the company must decide which ones are "material".
• Regulation 30(5) requires the Board to name the person or persons who will take that call and make the disclosure. This update does exactly that.

What it means for you

• This is a housekeeping disclosure about who inside the company is responsible for sharing important news with the exchanges.
• It is a single identified official, the Company Secretary and Compliance Officer, who will decide materiality and handle the disclosure.
• The update does not change the company's business, financials or shareholding, and carries no money figures.

Why such updates appear

• Companies update the exchange whenever the authorised person changes, so investors know whom the disclosure responsibility sits with.
• It is a standard governance step rather than news about the company's performance.

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