Regulatory15 May 2026, 02:44 pm
Luxury Time: No Deviation in IPO Proceeds for Q4 FY26
AI Summary
Luxury Time Ltd. has confirmed that there was no deviation or variation in the utilization of proceeds raised through its IPO for the quarter ended March 31, 2026. This statement is in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's IPO, which raised ₹14.99 Crores, occurred on December 11, 2025. The monitoring agency, Brickwork Ratings India Private Limited, also indicated no deviations.
Key Highlights
- Luxury Time confirms no deviation in IPO proceeds utilization for Q4 FY26.
- The IPO raised ₹14.99 Crores on December 11, 2025.
- Compliance with SEBI regulations regarding deviation and variation reporting.
- Brickwork Ratings India Private Limited is the monitoring agency.
- Audit committee and auditors reported no comments on deviations.
Price Impact
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