Interim order received under section 441 from Reginal Director

Date: August 11, 2026 The Manager, Listing & Compliance, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Ref: Scrip Code – 544635 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Compounding Order Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with Para A of Part A of Schedule III thereto and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we hereby inform you that the Company has received on August 11, 2026, the Compounding Order dated August 06, 2026 passed by the Office of the Regional Director (Northern Region-I), Ministry of Corporate Affairs, under Section 441 of the Companies Act, 2013. The said Order relates to the compounding application filed by Luxury Time Limited, Mr. Ashok Goel and Mr. Pawan Chohan in respect of the default under Section 129 of the Companies Act, 2013 concerning non-preparation and filing of consolidated financial statements of its Joint Venture for the financial years 2019-20, 2020-21, 2021-22, 2022-23 and 2023-24. As per the said Order, a compounding fee of ₹1,00,000/- for each year of default has been specified in respect of each of Mr. Ashok Goel, Chairman & Managing Director, and Mr. Pawan Chohan, Whole-time Director, for the respective years of default. The payment is required to be made within 30 days from the date of the Order, as stipulated therein. No fine, penalty or compounding fee has been imposed upon the Company pursuant to the said Order. The Company shall take the necessary steps for compliance with the directions contained in the said Order within the prescribed timeline. The requisite details of the aforesaid Order, as required under Regulation 30 of the SEBI Listing Regulations read with Schedule III thereto and the applicable SEBI Master Circular, are enclosed herewith as Annexure A. A copy of the Compounding Order dated August 06, 2026 is also enclosed for your information and records. This is for your information and records. Thanking you, For Luxury Time Limited Ashok Goel Chairman & Managing Director DIN: 00783117 Encl.: 1. Annexure A – Disclosure of Imposition of Fine or Penalty 2. Compounding Order dated August 06, 2026 ANNEXURE A DISCLOSURE OF IMPOSITION OF FINE OR PENALTY The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are given below: S. No. Particulars Details Office of the Regional Director (Northern Region-I), 1 Name of the authority Ministry of Corporate Affairs Compounding Order dated August 06, 2026 passed under Section 441 of the Companies Act, 2013 in respect of the default under Section 129 of the Companies Act, 2013 concerning non-preparation and filing of consolidated financial statements of its associate company for the financial years 2019-20, 2020-21, 2021-22, 2022-23 and Nature and details of the action(s) 2 2023-24. The Order specifies a compounding fee of taken or order(s) passed ₹1,00,000/- for each year of default in respect of each of Mr. Ashok Goel, Chairman & Managing Director, and Mr. Pawan Chohan, Whole-time Director, for the respective years of default. No compounding fee is payable by Luxury Time Limited pursuant to the said Order. Date of receipt of direction or order, including any ad-interim or 3 August 11, 2026 interim orders, or any other communication from the authority Details of the Non-compliance under Section 129 of the Companies Act, violation(s)/contravention(s) 2013 relating to non-preparation and filing of consolidated committed or alleged to be financial statements of its Joint Venture for the financial committed years 2019-20, 2020-21, 2021-22, 2022-23 and 2023-24. No fine, penalty or compounding fee has been imposed Impact on financial, operation or upon or is payable by the Company pursuant to the said other activities of the listed entity, Order. Accordingly, there is no financial impact on the quantifiable in monetary terms to Company in respect of the compounding fee specified in the extent possible the Order. There is no material impact on the operations or other activities of the Company. BEFORE THE REGIONAL DIRECTOR (NORTHERN REGION-) Company Application No. RDNR/LUXURYICOMP/441/2026/AC6832551 In the matter oft he Companies Act, 2013- Section 441 In the Matter of LUXURY TIME LIMITED having Registered office at 713, Pearls Omaxe Building, Tower-2 Wazirpur, NetajiS ubhash Place,N a, Delhi-110034. In the matter of: 1. Luxury Time Limited. 2. Mr. Ashok Goel. 3. Mr. Pawan Chohan. ..Applicants Present: Ms. Anjali, Ld. CS .... For Applicant(s) Mr. Rajneesh Kumar Singh. .. Presenting Officer INTERIM ORDER 1. An application under section 441 of the Companies Act 2013, for compounding of default committed u/s 129 of the Companies Act, 2013 was filed by the aforesaid Applicants vide Form GNL-1 through SRN AB6832551. 2. As per the record of proceedings, the following points have emerged from the file. Factors to be Considered Remarks S.NO. (i) The gravity of offence: The applicants have filed the compounding application admiting that the Company has defaulted in non preparation and filing of consolidated financials of its associate company for the FYs 2019-20,2020-21.2021-22, 2022-23 and 2023-24, hence default. Section 129(1) of the Companies Act, 2013: The financial statements shall give at rue and fair view of the state of affairs of the company or companies, comply with the accounting standards notified under section 133 und shull be in the form or forms as may be proyided for different classes or classes of companies in Schedule III: Providedthat the items contained in such financial statements shall be in accordance with the accounting standards: Provided further that nothing contained in this sub-section shall apply to any insurance or banking company or any company engaged in the generation or supply of electricity, or to any other class of company for which a form of financial statement has been specified in or under the Act governing such class of company: Provided also that the financial statements shall not be treated as not disclosing a true and fair view of the state of affairs of the company, merely by reason of the fact that they do not disclose The act is intentional or Unintentional. unintentional: (ii) The maximum punishment prescribed for such "Ifa company contravenes the provisions of this section, offences, such as fine or the managing director, the whole-time director inc harge offinance, the Chief Financial Officer or any other person imprisonment or both fine charged by the Board with the duty of complying with the and imprisonment: requirements of this section and in the absence of any of MCA Page 1 of 4 the officers mentioned above, all the directors shall be punishable with imprisonment for a term which may extend to one year or with fine which shall not be less than fifty thousand rupees but which may extend to five lakh rupees, or with both " Fine reported/recommended by the ROC, is as follows: For: - F,Y. 2019-20 Name of Minimum Fine Maximum Fine applicants(In Rs.) (In Rs.) * Luxury 0/ 0/ Time Limited. Mr. 50,000/ 5,00,000/ Ashok Goel. Mr. 50,000/ 5,00,000/ Pawan Chohan. For: - F.Y. 2020-21 Name of Minimum Fine Maximum Fine applicants(In Rs.) (In Rs.) * Luxury 0/ 0/ Time Limited. Mr. 50,000/ 5,00,000/ Ashok Goel. Mr. 50,000/ 5,00,000/ Pawan Chohan. For: - F.Y. 2021-22 Name of Minimum Fine Maximum Fine applicants (In Rs.) (In Rs.) * Luxury 0/ 0/ Time Limited. Mr. 50,000/ 5,00,000/ Ashok Goel. Mr. 50,000/ 5,00,000/ Pawan Chohan. For: - F.Y. 2022-23 Name of Minimum Fine Maximum Fine applicants(In Rs.) (In Rs.) * Luxury 0/ Time Limited. 5,00,000/ Mr. 50,000/ Ashok Goel. 50,000/ 5,00,000/ Pawan Chohan. Page 2 of 4 For: - F.Y. 20 [Showing first 8,000 characters — download PDF for full document]