Corporate Governance14 Aug 2026, 01:05 pm
Luxury Time: No IPO Fund Use Deviation in Q1 FY27
AI Summary
Luxury Time Ltd has filed its Statement of Deviation or Variation for the quarter ended June 30, 2026. The company confirms that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO). The IPO, which raised INR 14.99 Crores on December 11, 2025, had its funds utilized as per the original objects disclosed. The company's monitoring agency is Brickwork Ratings India Private Limited. This information will also be available on the company's website.
Key Highlights
- No deviation in IPO fund utilization for Q1 FY27.
- Funds raised via IPO in December 2025 remain on track.
- Total IPO proceeds amounted to INR 14.99 Crores.
- Confirmation filed as per SEBI (LODR) Regulations, 2015.
Price Impact
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