Muhammad Akaram appointed Chief Financial Officer 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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Sessions after the filingfrom the prior close

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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

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

Likely market impact

Strengthens finance leadership and continuity given Akaram's long company association; no financial terms or immediate earnings impact were disclosed.