News

Luxury Time Limited announced the appointment of Mr. Muhammad Akaram as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective November 03, 2026, following a recommendation from the Nomination and Remuneration Committee. Mr. Akaram has been associated with Luxury Time Limited since October 2017 as a Senior Accountant through SBT Consulting Services, and holds a Bachelor of Commerce degree from Alagappa University.

Luxury Time Limited informed the BSE Limited that its shareholders approved a revision in the objects of the Initial Public Offer proceeds via a special resolution on September 25, 2026, and no amount of the Rs 14.99 crore raised had been utilized as of September 30, 2026, according to a regulatory filing on November 3, 2026.

Luxury Time Limited will hold a board meeting on November 3, 2026, to consider and approve the unaudited standalone and consolidated financial results for the half year ended September 30, 2026, and to review the Statement of Deviation(s) or Variation(s) pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the same period; the board will also consider revising the remuneration of Chairman & Managing Director Mr. Ashok Goel and Whole-time Director Mr. Pawan Chohan, and will address the resignation of Chief Financial Officer Ms. Kanika Gupta and the appointment of Mr. Muhammad Akaram as her replacement.

Luxury Time Limited informed the BSE Limited that the trading window for dealing in the company`s securities will be closed for directors, officers, and designated persons from October 1, 2026, until 48 hours after the declaration of financial results for the half year ended September 30, 2026, with the date of the board meeting to consider the results to be announced later.

Luxury Time Limited informed the BSE on August 14, 2026, that there was no deviation or variation in the utilization of proceeds raised through its Initial Public Offer, which amounted to Rs 14.99 crore and closed on December 11, 2025, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.