Luxury Time Board Approves Annual Report, Auditor Changes, and AGM Date

Luxury Time Limited's Board of Directors convened on August 14, 2026, approving the Annual Report for FY26. Key decisions included recommending the re-appointment of a director, accepting the resignation of current statutory auditors M/s S A R N U M & Co. LLP, and approving the appointment of M/s S A H A S & Associates as new statutory auditors, subject to member approval. The board also approved the re-appointment of secretarial and internal auditors for FY27. The 18th Annual General Meeting is scheduled for September 21, 2026. Furthermore, the board approved a variation in the objects and utilization of IPO proceeds, which will now be directed towards store expansion, strategic investments/acquisitions, and general corporate purposes. The meeting also appointed a scrutinizer and NSDL for e-voting facilities.