Monitoring Agency Report for the quarter ended 30.06.2026 issued by Brickwork Ratings India Private Limited

Date: 14th August, 2026 The Manager, Listing & Compliance, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Ref: Scrip Code – 544635 Subject: Submission of Monitoring Agency Report under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please find enclosed herewith the Monitoring Agency Report for the quarter ended 30th June, 2026, issued by Brickwork Ratings India Private Limited, the Monitoring Agency appointed in respect of the utilisation of proceeds raised through the Initial Public Offer (“IPO”) of the Company. The aforesaid Monitoring Agency Report has been reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meeting held on 14th August, 2026. You are requested to kindly take the same on record. Thanking You, Yours Faithfully, For Luxury Time Limited Anjali Company Secretary & Compliance Officer Membership No. A69704 Monitoring Agency Report for Luxury Time Limited for the quarter ended June 30, 2026 No. BWR/2026-27/IPM/LTL/03 July 23, 2026 Ms. Kanika Gupta Chief Financial Officer Luxury Time Limited 713, Pearls Omaxe Building, Tower- 2 Wazirpur, Netaji Subhash Place, Delhi - 110034, India Dear Ma’am, Third Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Fresh Issue and Offer for Sale of Equity Shares Issue of Luxury Time Limited (“the Company”) Pursuant to client 's request and Monitoring Agency Engagement Letter dated June 30,2025, Brickwork Ratings (BWR) has prepared the Third Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilisation of proceeds from the funds raised, for the quarter ended June 30, 2026. The funds raised by the Company were through Fresh Issue and Offer for Sale of Equity Shares aggregating to Rs.18.73 Crore of the Company. In this connection, we are enclosing the Third Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated November 20, 2025. Request you to kindly take the same on records. Thanking you, Yours Faithfully, Mr Niraj Kumar Rathi Senior Director, Ratings - Brickwork Ratings Report of the Monitoring Agency (MA) Name of the issuer: Luxury Time Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Brickwork Ratings India Private Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report is based on the format prescribed by the SEBI (ICDR) Regulations, 2018, we further declare that this report provides a true and fair view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. We declare that we do not have any direct/indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have a credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name of the Authorized Signatory: Mr Niraj Kumar Rathi Designation of Authorized Person/Signing Authority: Senior Director, Ratings - Brickwork Ratings 1) Issuer Details: Name of the issuer: Luxury Time Limited Names of the promoter: Mr. Ashok Goel and Mr. Pawan Chohan Industry / sector to which it belongs: Luxury Watches 2) Issue Details: Issue period: For anchor investor- December 03, 2025 to December 03, 2025 For others –December 04, 2025 to December 08, 2025 Type of issue (public/ rights): Fresh Issue and Offer for Sale of Equity shares Type of specified securities: Equity Shares IPO Grading, if any: Not Applicable Issue size (in ₹ Crore): 18.73 Value as per Offer Amount Total Number of Particulars Price (₹) Document Received Securities (₹ Crore) (₹ Crore) Equity Shares-Fresh Issue 1828800 82 14.99 18.73 Equity Shares-Offer for Sale 456000 82 3.74 Total 2,284,800 82 18.73 18.73 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments Comments certifications of of Particulars Reply considered by Monitoring Board of Monitoring Agency Agency Directors for preparation of report Whether all utilization is as per Bank Statements, and the disclosures in the Offer Yes Nil Nil Company’s letter Document? Whether shareholder approval has been obtained in case of material deviations# from Nil Nil Nil Applicable expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue No Nil Nil Nil has changed? Is there any major deviation observed over the earlier Nil Nil Nil Applicable monitoring agency reports? Whether all Government/statutory approvals Yes Company’s letter Nil Nil related to the object(s) have been obtained? Whether all arrangements pertaining to technical Not Nil Nil Nil assistance/collaboration are in Applicable operation? Are there any favorable events improving the viability of these No Company’s letter Nil Nil object(s)? Are there any unfavorable events affecting the viability of the No Company’s letter Nil Nil object(s)? Is there any other relevant information that may materially No Not Applicable Nil Nil affect the decision making of the investors? The above information has been verified from company statement dated July 23, 2026 #Where material deviation may be defined to mean: (a) Deviation in the objects or purposes for which the funds have been raised (b) Deviation in the amount of funds actually utilized by more than 10% of the amount projected in the offer documents. 4) Details of object(s) to be monitored: i. Cost of Object(s): Source of information / Original Comments of the Board of Directors certifications Cost (as Revised Comments considered Sr. per the Cost of the Item Head by No. Offer (₹ Monitoring Particulars of Monitoring Reason Proposed Docum [Showing first 8,000 characters — download PDF for full document]