CFO Ms. Kanika Gupta resigns from Luxury Time, effective Nov 2 2026
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On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.3 pts more than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Luxury Time Limited has informed BSE that Ms. Kanika Gupta has resigned as Chief Financial Officer and Key Managerial Personnel due to personal reasons. Her resignation letter is dated October 22, 2026, and she will cease to be CFO from close of business hours on November 2, 2026. She confirmed there are no material reasons for the resignation and will assist with a smooth handover. The company has not yet announced a successor.
Key leadership change at a small-cap company. Watch for announcement of a new CFO; may cause short-term uncertainty for shareholders.