Stanley Lifestyles Appoints CA. Sudhir Iyer as Group Chief Financial Officer

Stanley Lifestyles Limited (BSE: 544202 | NSE: STANLEY), one of India's largest integrated super-premium and luxury furniture manufacturers and retailers, has announced the appointment of CA. Sudhir Iyer as Group Chief Financial Officer.

With more than two decades of experience across corporate finance, financial strategy, mergers and acquisitions, IPOs, treasury, governance and business transformation, Sudhir brings extensive financial leadership experience across diverse industries. In his new role, he will lead the Group's Finance and IT functions, with a mandate to strengthen financial performance, governance, operational efficiency and long-term value creation.

Sudhir joins Stanley Lifestyles from Revathi Equipment Limited (Dalmia Group), where he served as Group CFO & Vice President, leading financial strategy, business expansion and transformation initiatives. Prior to this, he held leadership positions at Goenka International and senior finance roles at Arvind Lifestyle Brands Ltd., where he worked closely with business leadership on financial performance, strategic decision-making and business growth.

Across his career, Sudhir has led and contributed to several strategic initiatives spanning mergers and acquisitions, IPOs, financial restructuring, treasury management, ERP implementation and enterprise-wide financial transformation. He has also played a key role in strengthening financial controls, governance frameworks and digital finance capabilities across organisations.

At Stanley Lifestyles, Sudhir will oversee financial planning and analysis, treasury, taxation, accounting, compliance, risk management, investor relations, M&A and business finance, alongside the Group's IT function. His appointment further strengthens Stanley Lifestyles' leadership team as the Company continues to scale its operations, strengthen its financial and governance frameworks, and build a robust foundation for sustainable growth.

Sharing his views on his appointment, CA. Sudhir Iyer, Group Chief Financial Officer, Stanley Lifestyles Limited, said, "I am delighted to join Stanley Lifestyles at an exciting stage of its growth journey. Stanley has built a strong position in India's premium and luxury furniture market, supported by its integrated manufacturing capabilities, differentiated brands and expanding retail presence. I look forward to working closely with the leadership team to strengthen financial performance, governance and operational discipline while enabling the Company's strategic growth ambitions.

My focus will be on building a strong and agile finance function that supports business growth through disciplined capital allocation, robust financial planning, effective risk management and technology-led transformation. I also look forward to contributing to Stanley's long-term value creation journey and supporting the Company as it continues to build a leading luxury full home solutions business."

Venkataramana Gorti, Managing Director, Stanley Lifestyles Limited, said, "We are pleased to welcome Sudhir to the Stanley Lifestyles leadership team. His extensive experience across corporate finance, M&A, capital markets, governance and business transformation will be valuable as we enter our next phase of growth. His understanding of both strategic finance and business operations will further strengthen our financial discipline and governance framework.

As Stanley continues to expand its brands, retail footprint and capabilities, Sudhir will play an important role in ensuring that our growth is supported by strong financial foundations, disciplined execution and effective capital allocation. We look forward to his contribution towards building longterm value for all our stakeholders."

Sudhir is a Chartered Accountant with over two decades of professional experience spanning corporate finance, financial strategy, business transformation and leadership roles. His career includes senior positions at Revathi Equipment Limited (Dalmia Group), Goenka International and Arvind Lifestyle Brands Ltd. His experience encompasses financial planning and performance management, M&A, IPOs, treasury, financial restructuring, ERP implementation, governance and digital finance transformation.

With his combination of strategic finance expertise, transformation experience and cross-industry leadership, Sudhir is expected to play a key role in shaping Stanley Lifestyles' financial roadmap, strengthening governance and supporting the Company's next phase of sustainable and profitable growth.

With this appointment, Stanley Lifestyles further strengthens its senior leadership team as it continues to expand its portfolio, enhance operational capabilities and build a strong foundation for sustainable growth in India's premium and luxury home solutions market.

Shares of Stanley Lifestyles Limited was last trading in BSE at Rs. 136.80 as compared to the previous close of Rs. 136.60. The total number of shares traded during the day was 25009 in over 946 trades.

The stock hit an intraday high of Rs. 138.85 and intraday low of 133.20. The net turnover during the day was Rs. 3426521.00.

Source : Equity Bulls

Keywords

StanleyLifestyles INE01A001028 Furniture HomeFurnishing Appointment GroupCFO