Luxury Time Limited has announced the appointment of Mr. Muhammad Akaram as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The decision was approved by the Board of Directors on November 3, 2026, following a recommendation from the Nomination and Remuneration Committee. Mr. Akaram brings over 10 years of experience in accounting, financial reporting, and GST compliance to the company.
New Leadership at Luxury Time Limited
Luxury Time Limited has officially appointed Mr. Muhammad Akaram to the crucial roles of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This significant leadership change was formally approved by the company’s Board of Directors during their meeting held on November 03, 2026. The appointment aligns with the recommendations put forth by the Nomination and Remuneration Committee.
Experience and Expertise
Mr. Akaram’s profile highlights extensive experience, with over 10 years in accounting operations, financial reporting, and ensuring GST compliance. He has been associated with Luxury Time Limited previously through SBT Consulting Services, serving as a Senior Accountant since October 2017. His responsibilities have included GST invoicing, import purchases, reconciliations, MIS report preparation, and managing corporate expenses. Mr. Akaram holds a Bachelor of Commerce degree from Alagappa University.
Formal Appointment Details
The appointment is effective from November 03, 2026, and is made in accordance with Section 203 of the Companies Act, 2013. The company has provided detailed information regarding this appointment as required by SEBI regulations, enclosed as Annexure-A.
Source: BSE
