The Board of Directors approved this appointment at its meeting held on November 03, 2026, based on the recommendation of the Nomination and Remuneration Committee. The appointment is effective from November 03, 2026, and is made pursuant to Section 203 of the Companies Act, 2013, read with applicable rules.
The disclosure includes Annexure-A containing details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 issued dated July 11, 2023 (last updated on January 30, 2026).
Appointee Details:
- Name: Mr. Muhammad Akaram
- Position: Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
- Effective Date: November 03, 2026
- Experience: Over 10 years in accounting operations, GST compliance, financial reporting, and inventory management
- Previous Role: Senior Accountant at Luxury Time Limited through SBT Consulting Services since October 2017
- Responsibilities: GST invoicing, import purchases, GST reconciliations, preparation of MIS reports, TDS-related data, corporate expenses, inventory tracking, and journal entries
- Education: Bachelor of Commerce (B. Com) degree from Alagappa University
- Certifications: Various certifications in computing and accounting software
- Relationship with Directors: Not Applicable
The letter was signed by Anjali, Company Secretary & Compliance Officer (Membership No. A69704) on November 03, 2026, at 13:20:34 +05'30'.