Luxury Time Limited appoints Muhammad Akaram as CFO and KMP

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Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹71.41

prior close

₹69.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-2.8% vs market

Gems, Jewellery And Watches peers, median of 39sector-1.0%-1.6% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 1.6 pts less 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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Reaction day

-2.5+0.3-2.8-1.0-1.6

Next day

+0.5+2.4-2.0+0.3+0.2

-1.3pendingpending+1.5-2.8

-3.4pendingpending+1.1-4.5

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

On November 3, 2026, the board appointed Muhammad Akaram as Chief Financial Officer and a Key Managerial Personnel, effective the same day. He has over 10 years of experience in accounting, tax compliance, financial reporting and inventory management. He has worked with the company as a senior accountant since October 2017 through SBT Consulting Services.

Likely market impact

The appointment may improve financial oversight and reporting. No change to earnings, cash flow or spending was announced, and no direct stock-price effect was disclosed.