Luxury Time Ltd (LUXURY) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Luxury Time Ltd on NSE and BSE, with an AI summary of each filing.
Pursuant to Regulation 30 of SEBI (LODR) - Intimation for the appointment of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company
Change in Management · 03 Nov 2026, 7:21 pm
Luxury Time Appoints Muhammad Akaram as Chief Financial Officer The Board of Directors of Luxury Time Limited has approved the appointment of Mr. Muhammad Akaram as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective 3rd Nov'26. Mr. Akaram brings over 10 years of experience in accounting operations, GST compliance, financial reporting, and inventory management. He has been associated with the company since Oct'17 through SBT Consulting Services as a Senior Accountant. He holds a Bachelor of Commerce degree from Alagappa University alongside various accounting software certifications.
Pursuant to Regulation 30 of SEBI (LODR)- Intimation of Appointment of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company
Others (Uncategorized) · 03 Nov 2026, 7:13 pm
Luxury Time Appoints Muhammad Akaram as Chief Financial Officer Luxury Time Limited announced the appointment of Mr. Muhammad Akaram as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective 3rd Nov'26, following the recommendation of the Nomination and Remuneration Committee. Mr. Akaram brings over 10 years of experience across accounting operations, GST compliance, financial reporting, and inventory management. He has been associated with the company as a Senior Accountant via SBT Consulting Services since Oct'17 and holds a B.Com degree from Alagappa University along with certifications in accounting software.
Statement of Deviation and Variation for the quarter ended 30.09.2026
Others (Uncategorized) · 03 Nov 2026, 6:47 pm
Luxury Time Modifies IPO Objects with Nil Fund Utilisation as of Sep'26 Luxury Time Limited reported a variation in the utilization of its ₹14.99 Cr IPO proceeds raised on 11th Dec'25, approved via a special resolution on 25th Sep'26. Revised allocations increase direct store capex to ₹3.00 Cr (from ₹2.82 Cr) and reallocate working capital funds toward strategic investments or acquisitions in subsidiaries/JVs at ₹10.00 Cr (from ₹9.00 Cr), while reducing general corporate purposes to ₹0.32 Cr (from ₹1.43 Cr). As of 30th Sep'26, nil proceeds have been utilized towards these objects.
Monitoring Agency Report for the quarter ended 30.09.2026 issued by Brickwork Ratings India Private Limited
Others (Uncategorized) · 03 Nov 2026, 6:36 pm
Luxury Time Limited Reallocates IPO Proceeds Toward Strategic Investments and Retail Expansion Brickwork Ratings issued its Q2 FY27 monitoring report for Luxury Time Limited covering its ₹18.73 crore IPO. Shareholders approved reallocations on 25th Sep'26, dropping the ₹9.00 crore working capital object entirely to allocate ₹10.00 crore toward strategic investments or acquisitions in subsidiaries, associates, or JVs to establish ring-fenced brand entities. Four-store retail expansion was revised to ₹3.00 crore, while general corporate purpose was adjusted to ₹0.32 crore. As of 30th Sep'26, ₹13.32 crore remains unutilised, parked in bank fixed deposits earning 6.7% and a monitoring account.
Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the outcome of the Board Meeting of Luxury Time Limited ....
Outcome · 03 Nov 2026, 6:06 pm
Luxury Time Limited Reports H1 FY27 Results and Appoints New CFO Luxury Time Limited posted consolidated revenue of ₹3,325.05 lakhs and net profit of ₹307.57 lakhs for the half-year ended 30th Sep'26, with basic EPS of ₹3.73. On a standalone basis, revenue stood at ₹3,182.84 lakhs with PAT of ₹288.43 lakhs. The board approved revising annual remuneration for CMD Ashok Goel and Whole-Time Director Pawan Chohan to ₹36.00 lakhs each, effective 1st Nov'26. Additionally, Muhammad Akaram was appointed Chief Financial Officer effective 3rd Nov'26, succeeding Kanika Gupta following her resignation on 2nd Nov'26.
Luxury Time Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve 1. To consider and approve the ....
Intimation · 03 Nov 2026, 5:30 am
Luxury Time Board to Review H1 FY27 Results and Leadership Changes Luxury Time Limited will convene a Board of Directors meeting on 3rd Nov'26 to review and approve the unaudited standalone and consolidated financial results for the half-year ended 30th Sep'26. The board will also consider revising the remuneration for CMD Ashok Goel and Whole-time Director Pawan Chohan. Additionally, the agenda includes noting the resignation of CFO Kanika Gupta and approving the appointment of Muhammad Akaram as the new Chief Financial Officer and Key Managerial Personnel. The trading window remains closed until 48 hours post-result declaration.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, We hereby inform you Ms. Kanika Gupta has tendered her resignation from the position of CFO of the company
Change in Management · 22 Oct 2026, 10:20 pm
Luxury Time Limited Announces Resignation of CFO Kanika Gupta Luxury Time Limited announced that Ms. Kanika Gupta has tendered her resignation from the post of Chief Financial Officer (Key Managerial Personnel) on 22nd Oct'26, citing personal reasons. She will officially cease to hold the CFO role with effect from the close of business hours on 2nd Nov'26. The company confirmed that there are no other material reasons behind her departure. Ms. Gupta will assist in ensuring a smooth transition and handover of responsibilities.
Intimation of Final Compounding order along with clarification
Others (Uncategorized) · 05 Oct 2026, 6:29 pm
MCA Issues Final Compounding Order for Luxury Time Limited Directors The Regional Director (NR-I), Ministry of Corporate Affairs, issued a final compounding order dated 21st Sep'26 regarding Luxury Time Limited's default under Section 129 of the Companies Act, 2013, for failing to prepare and file consolidated financial statements for FY20 to FY24. Applicant Directors Ashok Goel and Pawan Chohan paid compounding fees of ₹1,00,000 per default year each on 3rd Sep'26. No compounding fee or financial liability is imposed on the company, resulting in no material impact on its operations.
Updation under regulation 30 for final compounding order and Payment of Compounding Fee
Others (Uncategorized) · 28 Sept 2026, 11:13 pm
MCA Issues Final Compounding Order for Luxury Time Directors The Regional Director (NR-I), Ministry of Corporate Affairs, issued a final compounding order dated 21st Sep'26 regarding Luxury Time Limited's default under Section 129 of the Companies Act, 2013, for non-filing of consolidated financial statements of its associate for FY20 to FY24. Applicant directors Ashok Goel and Pawan Chohan paid a compounding fee of ₹1,00,000 each per year of default on 3rd Sep'26. No compounding fee is payable by the company, resulting in zero financial or operational impact on the listed entity.
Scrutinizer''s Report for the voting results of the Resolutions passed at the 18th Annual General Meeting
Annual General Meeting · 23 Sept 2026, 6:34 pm
Proceedings of the Annual General Meeting Held on Monday, 21st September 2026
Annual General Meeting · 21 Sept 2026, 9:38 pm
The Annual General Meeting of the Company will be held on 21st September 2026
Annual General Meeting · 19 Aug 2026, 11:26 pm
Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Integrated Annual ....
Others (Uncategorized) · 19 Aug 2026, 11:14 pm
Adoption of Revised Whistle Blower Policy
Others (Uncategorized) · 14 Aug 2026, 6:52 pm
Luxury Time Adopts Revised Whistle Blower Policy for Enhanced Governance Luxury Time Limited's board has approved and adopted a revised Whistle Blower Policy on 14 Aug'26, pursuant to SEBI's LODR Regulations. The policy aims to strengthen the company's vigil mechanism by providing an effective framework for reporting genuine concerns about unethical conduct, fraud, or legal violations. It ensures safeguards against victimisation of whistleblowers and facilitates fair investigations. Key features include confidentiality, direct access to the Audit Committee Chairperson, and compliance with the Companies Act, 2013 and SEBI regulations.
Adoption of Revised Corporate Social Responsibility (CSR) Policy
Others (Uncategorized) · 14 Aug 2026, 6:42 pm
Luxury Time Adopts Revised Corporate Social Responsibility (CSR) Policy Luxury Time's Board of Directors approved and adopted a revised Corporate Social Responsibility (CSR) Policy on 14 Aug'26. The policy is updated to comply with Section 135 of the Companies Act, 2013 and related rules. It outlines the governance framework, implementation, and monitoring for CSR activities, which will be overseen by the CSR Committee and the Board. The company commits to spending at least 2% of average net profits from the preceding three financial years on CSR, as legally required.
Statement of deviation and variation for the quarter ended June 2026
Others (Uncategorized) · 14 Aug 2026, 6:34 pm
Luxury Time: No Deviation in Utilization of IPO Proceeds as of Q1FY27 Luxury Time Limited confirmed no deviation or variation in the utilization of its IPO proceeds for the quarter ended 30th Jun'26. The company raised INR 14.99 crores via an IPO on 11th Dec'25. The filing, submitted to the BSE, states that funds are being used as originally intended in the offer document. Brickwork Ratings India Private Limited is the monitoring agency. The audit committee and auditors had no adverse comments, reaffirming adherence to the stated objectives of the public issue.
Monitoring Agency Report for the quarter ended 30.06.2026 issued by Brickwork Ratings India Private Limited
Others (Uncategorized) · 14 Aug 2026, 6:21 pm
Luxury Time: IPO Proceeds Unutilized, GCP Delayed Luxury Time's monitoring agency report for the quarter ended 30 Jun'26 reveals zero utilization of its Rs. 18.73 crore IPO proceeds. Funds allocated for capital expenditure (Rs. 2.82 crore), working capital (Rs. 9.00 crore), and general corporate purposes (GCP) (Rs. 1.43 crore) remain unspent. Management has cited market conditions for delaying GCP utilization beyond the planned FY26 timeline. Unutilized funds are currently invested in Kotak Mahindra Bank fixed deposits earning 6.7%. Net issue expenses were Rs. 1.68 crore after reimbursements.
To consider and approve the items list out in the outcome
Outcome · 14 Aug 2026, 6:09 pm
Luxury Time Proposes Variation in IPO Fund Use & Appoints New Statutory Auditor The Board of Directors approved varying the use of IPO proceeds on 14 Aug'26, subject to shareholder approval. The plan revises allocation towards setting up four stores (₹300 lakh), strategic investments/acquisitions (₹1,000 lakh), and general purposes (₹32 lakh). Additionally, the Board noted the resignation of Statutory Auditor M/s SARNUM & Co., effective 25 Jul'26, and approved appointing M/s S A H A S & Associates as the new statutory auditor, effective 14 Aug'26. The 18th AGM is scheduled for 21 Sep'26.
Interim order received under section 441 from Reginal Director
Others (Uncategorized) · 11 Aug 2026, 11:28 pm
Directors to Pay Fee for Financial Filing Default; No Impact on Company Luxury Time Limited received a compounding order on 11 Aug'26 regarding its failure to file consolidated financial statements for its Joint Venture from FY20 to FY24. The order, passed by the Ministry of Corporate Affairs, imposes a compounding fee of ₹1,00,000 per year of default on both the Chairman & MD, Mr. Ashok Goel, and Whole-time Director, Mr. Pawan Chohan. No fine or penalty has been levied on the company itself, resulting in no direct financial or operational impact on Luxury Time Limited.
Luxury Time Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting proposed ....
Intimation · 14 Aug 2026, 5:30 am
Luxury Time Board Meeting Set for Aug'26 to Discuss IPO Fund Use and Auditor Change Luxury Time Limited's Board of Directors will meet on 14th Aug'26 to consider several key proposals. The agenda includes approving a variation in the utilization of its IPO proceeds, subject to shareholder approval via postal ballot. The board will also address the resignation of M/s SARNUM & Co. LLP as statutory auditors and consider the appointment of M/s SAHA S & Associates to fill the vacancy. Other items include approving the FY26 Board's Report and the re-appointment of Director Mr. Pawan Chohan.
Pursuant to Regulation 30 of SEBI LODR 2015- Intimation Regarding Resignation of Statutory Auditor of the Company
Change in Auditor · 25 Jul 2026, 10:41 pm
Luxury Time Limited's Statutory Auditor SARNUM & CO. LLP Resigns SARNUM & CO. LLP has resigned as the Statutory Auditor for Luxury Time Limited, effective 25 Jul'26. The resignation, occurring before their term's scheduled end on 31 Mar'30, is cited due to pre-occupation and increased professional commitments limiting their ability to devote adequate time to the audit. The auditor confirmed no other material reasons for the departure and has raised no concerns regarding the company's management. The Board will appoint a new auditor to fill the casual vacancy.
Non-Applicability of Annual Disclosure to be made by an entity identified as Large Corporate
Others (Uncategorized) · 15 May 2026, 9:20 pm
Luxury Time Confirms Non-Applicability of Large Corporate Disclosure for FY26 Luxury Time Limited confirmed on 15th May'26 that it does not fall under the "Large Corporate" category as defined by SEBI's circular dated 10th Aug'21. This assessment is based on its status as of 31st Mar'26. Consequently, the company is exempt from the requirement to file the annual disclosure regarding fund raising through debt securities for the financial year 2025-26.
The Board of Directors at its meeting held on today May 15, 2026, has approved the revised Policy on Materiality of Related Party Transactions and on Dealing with Related Party Transactions.
Others (Uncategorized) · 15 May 2026, 8:35 pm
Luxury Time Limited Revises Policy on Related Party Transactions Luxury Time Limited's Board of Directors approved a revised policy on Related Party Transactions (RPTs) on 15th May'26, effective from 01st Mar'25. The policy establishes new materiality thresholds requiring shareholder approval. These are set at 5% of annual consolidated turnover for brand usage/royalty payments. For other RPTs, the threshold is the lower of INR 50 crore or 10% of annual consolidated turnover. The update aligns the company's governance framework with SEBI (LODR) Regulations and the Companies Act, 2013.
The Board of Directors of the company at its meeting held on Today 15 May 2026, has approved and adopted the code of Practices and procedures of fair disclosure of UPSI
Others (Uncategorized) · 15 May 2026, 8:30 pm
Luxury Time Adopts New Code for Fair Disclosure of UPSI Luxury Time's Board of Directors, at its meeting on 15 May'26, approved and adopted a new Code of Fair Disclosure for Unpublished Price Sensitive Information (UPSI). This is in compliance with SEBI's (Prohibition of Insider Trading) Regulations, 2015. The code establishes principles for the timely, adequate, and uniform dissemination of UPSI to prevent selective disclosure and ensure fairness. The updated code has been published on the company's website for all stakeholders.
Statement of Deviation and Variation confirming that there is no deviation for the quarter ended 31st March 2026
Others (Uncategorized) · 15 May 2026, 8:13 pm
Luxury Time Confirms No Deviation in Use of IPO Proceeds Luxury Time Limited confirmed no deviation or variation in the utilization of its IPO proceeds for the quarter ended 31st Mar'26. The company raised INR 14.99 Crores via its public issue on 11th Dec'25. The filing, submitted on 15th May'26, states that the funds have been used in line with the objectives stated in the offer document. Brickwork Ratings India Private Limited is the monitoring agency for the fund utilization. Both the Audit Committee and auditors had no adverse comments.