On August 29, 2024, Stanley Lifestyles Limited, a leading company in lifestyle and seating solutions, announced a significant development. The company has secured a major order from Bangalore International Airport Limited for the reupholstery of seating at Kempegowda International Airport's Terminal 2. This project is set to enhance the comfort and aesthetics of the airport's seating arrangements, reflecting the company's commitment to quality and customer satisfaction.

Details of the Order:

Stanley Lifestyles Limited has been awarded a substantial ₹2.28 crore contract for this reupholstery project. The order involves the replacement of existing upholstery with new, high-quality materials to ensure durability and improved passenger experience. This project is crucial for maintaining the airport's reputation for providing a high standard of service and comfort to travelers.

Project Specifications:

Scope of Work: The reupholstery work will be carried out at Terminal 2 of Kempegowda International Airport, known for its modern amenities and high passenger footfall. The goal is to refresh and upgrade the seating to meet the latest standards of comfort and design.

Timeline: The contract stipulates a completion period of 3 months, underscoring the need for efficient execution and adherence to deadlines.

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Contract Value: The total value of the contract is ₹2,27,99,964 (including GST), reflecting the scale and importance of the project. This substantial order highlights Stanley Lifestyles' growing footprint in the Indian corporate and infrastructure sectors.

Significance of the Order:

This order is a testament to Stanley Lifestyles' reputation in the industry and its capability to handle large-scale projects efficiently. The fact that the order is awarded by Bangalore International Airport Limited, a prestigious domestic entity, further underscores the company's credibility and expertise. The project aligns with the company's strategy to expand its market presence and demonstrate its capabilities in providing top-notch solutions for high-profile clients.

No Related Party Interests:

It is noteworthy that there are no related party interests involved in this contract. The transaction is purely domestic and adheres to standard business practices, ensuring transparency and fairness. This aspect reinforces Stanley Lifestyles' commitment to ethical business practices and its focus on maintaining professional integrity.

Conclusion:

Stanley Lifestyles Limited's latest achievement marks a significant milestone in its journey. The reupholstery contract at Kempegowda International Airport not only enhances the company's portfolio but also reflects its ability to deliver quality and innovative solutions on a large scale. As the project progresses, it will be interesting to observe the impact on the company's growth trajectory and its position in the Indian market.

This update is part of Stanley Lifestyles' ongoing efforts to keep stakeholders informed and engaged with its latest developments. For more information about the company's activities and future projects, please visit their official website.

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