Luxury Time Limited announced the outcomes of its board meeting held on January 5, 2026, where directors approved several key appointments and authorizations under Regulation 30 of SEBI Listing Regulations. The meeting, which commenced at 10:30 AM and concluded at 10:53 AM, addressed critical governance and compliance matters for the company.

Key Board Decisions

The board approved three significant resolutions during the meeting:

Secretarial Auditor Profile

Nilesh A. Pradhan & Co., LLP brings substantial experience to the role. The firm was originally established in 2001 as a proprietorship and has been operating as a Limited Liability Partnership since December 2018. Based in Mumbai, it operates as a well-established firm of Practicing Company Secretaries.

The firm holds peer-review certification from the Institute of Company Secretaries of India (PR No: 1908/2022) and maintains a robust organizational structure. It operates with a strong internal team comprising Company Secretaries, trainees, and employees, supported by a pan-India association with CS firms.

Previous Appointment Timeline

The board had initially approved Nilesh A. Pradhan & Co., LLP's appointment as Secretarial Auditors during its meeting held on May 22, 2025, for the financial year 2025-26. The current board meeting formalized the re-appointment for the same term.

Management Authorization

The board granted comprehensive signing authority to two key executives for regulatory compliance. Managing Director Ashok Goel and Whole-Time Director Pawan Chouhan received authorization to make all necessary disclosures to BSE Limited, streamlining the company's regulatory communication process.

Compliance Framework

The appointments align with Luxury Time Limited's commitment to maintaining robust governance standards. The company operates from its registered office at Pearls Omaxe Building, Tower-2, Netaji Subhash Place, New Delhi, and continues to strengthen its compliance infrastructure through these strategic appointments.

Rajasthan Global Securities Pvt. Ltd. has made a substantial acquisition disclosure regarding its investment in Luxury Time Ltd., acquiring a significant stake through the company's Initial Public Offering (IPO). The acquisition was completed on December 11, 2025, under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Acquisition Details

The disclosure reveals that Rajasthan Global Securities acquired 5,04,000 shares of Luxury Time Ltd., representing 6.11% of the company's total voting capital. The acquisition was made entirely through allotment in the IPO, with the acquirer having no previous holding in the target company.

Company Capital Structure

Luxury Time Ltd.'s equity share capital structure shows consistency before and after the acquisition, indicating the shares were acquired from the IPO allotment rather than from existing shareholders. The company's capital structure details are as follows:

Post-Acquisition Holdings

Following the acquisition, Rajasthan Global Securities Pvt. Ltd. holds 6.11% of Luxury Time Ltd.'s total voting capital. The acquirer's holding consists entirely of shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the transaction.

Regulatory Compliance

The disclosure was filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating compliance with regulatory requirements for substantial acquisitions. The filing was completed on December 11, 2025, from New Delhi, ensuring timely disclosure of the material acquisition.

The acquisition represents a strategic investment by Rajasthan Global Securities in Luxury Time Ltd., with the stake acquired through participation in the company's public offering process.