Sunil Suresh has accumulated a wealth of experience, having dedicated two decades of his career to Stanley Seating. This impressive tenure is a testament to his commitment and contribution to the company. Stanley Seating, a key player in the Furniture industry, is situated in India, making it an integral part of the country’s manufacturing landscape.
CAREER
Sunil Suresh embarked on his professional journey back in 1988, and his career has seen significant growth and development over the years. Throughout his professional history, Sunil has been associated with three different companies, and his roles have evolved across two distinct positions. Currently, he holds the position of Owner at Stanley Seating, where his experience and expertise play a pivotal role in the company’s ongoing success.
In parallel, Stanley Lifestyles Limited, another significant player in the industry, was established on October 11, 2007. The company operates as an unlisted public company and is headquartered in Bangalore, Karnataka. Notably, Stanley Lifestyles Limited boasts an authorized share capital of INR 15.00 crore, signifying the maximum value of shares that the company is legally permitted to issue. The total paid-up capital of the company stands at INR 10.32 crore.
For the financial year ending on March 31, 2022, Stanley Lifestyles Limited reported operating revenues within the range of INR 100 crore to INR 500 crore. This is a substantial financial footprint, indicative of the company’s strong presence and influence within the market. Impressively, the company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) exhibited remarkable growth, increasing by 295.04% compared to the previous year. Additionally, the book net worth of the company saw a commendable increase of 3.54%, underscoring its financial strength.
Stanley Lifestyles Limited is primarily engaged in the manufacturing of home furniture products, offering a diverse range of items including sofa sets, beds, coffee and dining tables, chairs, mattresses, pillows, and lobby seating products. This product diversity positions the company as a significant player in the furniture industry, catering to various customer needs.
The company’s corporate status is ‘Active,’ reflecting its operational vitality and compliance with regulatory requirements. The last Annual General Meeting (AGM) held by Stanley Lifestyles Limited, as per available records, took place on September 30, 2022. AGMs are crucial events where the company’s financial performance and other important matters are discussed with its shareholders.
Stanley Lifestyles Limited is governed by a board of six directors, including notable figures such as Girish Shrikrishna Nadkarni and Shubha Sunil, among others. This board plays a pivotal role in guiding the company’s strategic direction and decision-making processes.
The Corporate Identification Number (CIN) for Stanley Lifestyles Limited is U19116KA2007PLC044090, serving as a unique identifier for the company in legal and regulatory contexts. The registered office of Stanley Lifestyles Limited is situated at SY No.16/2 and 16/3 Part, Hosur Road, Veerasandra village, Attibele Hobli, Anekal Taluk, Bangalore, Karnataka. This location serves as the official address for the company, facilitating legal and communication-related activities.
