BSELuxury Time LtdHighNegative
Announced Thu, 9 Apr · 17:08 IST

Intimation regarding resignation of Company Secretary & Compliance officer w.e.f. 09.04.2026 (post business Hours)

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹66.00
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+0.0-1.5+4.5+2.3+1.5+3.0+7.6+6.7-2.6
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AI summary

Mr. Pankaj Dulhani, serving as Company Secretary & Compliance Officer (a Key Managerial Personnel), has tendered his resignation due to personal reasons effective April 9, 2026 post business hours. The resignation was formally communicated to BSE under SEBI Listing Regulations. The company has not yet announced a replacement for this critical compliance role. This position is mandatory under Companies Act 2013, and its vacancy could impact statutory filings and regulatory compliance timelines.

Likely market impact

The departure of a KMP in compliance role creates governance risk and operational gaps. Shareholders should monitor for timely appointment of a replacement to ensure uninterrupted regulatory compliance and smooth corporate governance.