Luxury Time Limited submits IPO proceeds monitoring report

Luxury Time Limited has officially submitted its Monitoring Agency Report for the quarter ended September 30, 2026. This report, prepared by Brickwork Ratings India Private Limited, details the utilization of proceeds raised through the company’s Initial Public Offer (IPO). The report has been reviewed by the Audit Committee and taken on record by the Board of Directors.

Monitoring Agency Report Submission

Luxury Time Limited has announced the submission of its Monitoring Agency Report for the quarter concluding on September 30, 2026. This filing is in accordance with Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Report Details and Review

The report has been issued by Brickwork Ratings India Private Limited, the designated Monitoring Agency responsible for overseeing the utilization of funds from the company’s Initial Public Offer (IPO). The report covers the period up to September 30, 2026, and details how the proceeds from the IPO have been utilized.

The company stated that this Monitoring Agency Report has undergone a thorough review by its Audit Committee. Subsequently, the Board of Directors has formally taken the report on record during their meeting held on November 03, 2026.

IPO Context

The funds monitored pertain to the proceeds raised through the Fresh Issue and Offer for Sale of Equity Shares, which aggregated to Rs.18.73 Crore. The Monitoring Agency Report confirms that the utilization of these funds is being tracked as per the agreed engagement letter and SEBI regulations.

Source: BSE

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