Stanley Lifestyles Appoints Venkataramana Gorti as Joint MD
Filing Summary
Stanley Lifestyles Limited has appointed Mr. Venkataramana Seshagirirao Gorti as an Additional Director and Joint Managing Director. This appointment is in accordance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Gorti brings over 34 years of global leadership experience across various industries. His role will involve strategic planning and execution to enhance the company’s operational and manufacturing capabilities. The appointment aligns with Stanley Lifestyles’ focus on expanding its luxury furniture offerings and strengthening its market position.
Stanley Lifestyles Limited has announced the appointment of Mr. Venkataramana Seshagirirao Gorti as an Additional Director and Joint Managing Director. This decision complies with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Gorti’s appointment is intended to bolster the company’s leadership team as it continues to expand its operations in the luxury furniture market.
The filing does not disclose specific financial terms related to Mr. Gorti’s appointment. The company has not provided details on any changes to compensation structures or financial commitments associated with this leadership change. The focus remains on Mr. Gorti’s strategic role within the organization.
Mr. Gorti’s responsibilities will include overseeing strategic planning and execution to enhance Stanley Lifestyles’ operational and manufacturing capabilities. His expertise in business transformation, supply chain optimization, and product innovation will be leveraged to support the company’s growth objectives. The company aims to maintain its vertically integrated model, ensuring control over design, production, and retail processes.
Stanley Lifestyles operates in the luxury furniture market, offering a range of products under brands such as Stanley Level Next, Stanley Boutique, and Sofas & More. The company has two manufacturing facilities in Bengaluru, covering over 300,000 square feet, and operates 68 retail outlets across major Indian cities. The company’s strategy focuses on design-led innovation and skilled craftsmanship to meet the growing demand in India’s premium and luxury home interiors market.
The appointment of Mr. Gorti is effective immediately, as per the filing dated December 16, 2025. The company has not specified any particular milestones or timelines associated with his role. The information regarding this appointment is available on the company’s website.
Stanley Lifestyles Limited is a prominent player in the Indian luxury furniture industry, known for its comprehensive range of home solutions. The company emphasizes design innovation and craftsmanship, operating through both company-owned and franchise retail formats to maximize market reach. Stanley Lifestyles continues to focus on expanding its product portfolio and enhancing its operational excellence to cater to the luxury market.