Newtime Infrastructure Ltd (531959)

MGR Investment Private Limited, belonging to the promoter/proposed promoter group, acquired 18,84,061 equity shares (0.36% stake) in Newtime Infrastructure Limited. The acquisition was executed on August 14, 2026, through the conversion of 10% Cumulative Compulsorily Convertible Preference Shares (CCPS). Following this allotment, the company's total equity share capital expanded from 52,48,38,000 shares to 52,67,22,061 shares.

• MGR Investment acquired 18,84,061 equity shares representing 0.36% of voting capital
• Allotment completed on August 14, 2026, via conversion of 10% CCPS
• Holding increased from Nil to 18,84,061 shares (0.36%)
• Total diluted share capital increased to 52,67,22,061 equity shares

Atambhu Buildwell Private Limited, belonging to the promoter group, was allotted 2,16,66,469 equity shares representing a 4.13% stake in Newtime Infrastructure Limited on August 14, 2026. The acquisition was executed via the conversion of 10% Compulsorily Convertible Preference Shares (CCPS). Prior to this allotment, Atambhu Buildwell held zero shares in the company. Consequently, the total paid-up equity share capital increased from 52,48,38,000 shares to 54,65,04,469 shares.

• Allotment of 2,16,66,469 equity shares (4.13% stake) to promoter entity Atambhu Buildwell Pvt Ltd
• Acquisition executed through conversion of 10% CCPS
• Pre-acquisition holding stood at NIL, increasing to 4.13% post-allotment
• Total equity share capital expanded from 52,48,38,000 to 54,65,04,469 shares
• Transaction allotment date finalized on August 14, 2026

The Board of Directors of Newtime Infrastructure Limited has approved the conversion and allotment of 2,35,50,530 Compulsory Convertible Preference Shares (CCPS) of face value Rs 1/- each into an equivalent 2,35,50,530 equity shares. The entire allotment was made to promoter entities: Atambhu Buildwell Private Limited (2,16,66,469 shares) and MGR Investment Private Limited (18,84,061 shares). The issuance follows shareholder approval from February 27, 2025, and in-principle approval from BSE Limited on November 17, 2025. The newly allotted shares will rank pari-passu with existing equity and remain subject to statutory lock-in periods.

• Allotment of 2,35,50,530 equity shares of face value Rs 1/- each upon CCPS conversion
• Promoter entity Atambhu Buildwell Private Limited allotted 2,16,66,469 shares
• Promoter entity MGR Investment Private Limited allotted 18,84,061 shares
• Conversion executed following BSE in-principle approval received on November 17, 2025

Newtime Infrastructure Limited has appointed Ms. Ayushi Awasthi as Company Secretary and Compliance Officer (Key Managerial Personnel), effective August 14, 2026. The appointment was approved by the Board of Directors upon recommendation from the Nomination and Remuneration Committee. Ms. Awasthi holds a Bachelor of Science and a Law degree, with 1 year of post-qualification experience in corporate law and ROC filings. She holds zero shares in the company.

• Appointment of Ms. Ayushi Awasthi as Company Secretary and Compliance Officer effective August 14, 2026
• Appointee brings 1 year of post-qualification experience in ROC filings and company law compliance
• Appointee holds NIL equity shares in the company

Newtime Infrastructure has regularized the appointment of Mr. Sri Kant as a Non-Executive Independent Director for a five-year term effective from May 9, 2026. The appointment was confirmed via a special resolution passed by shareholders through a postal ballot notice dated July 6, 2026. Mr. Sri Kant, aged 40, is a qualified Company Secretary with experience in finance and general management. This administrative update comes as the company struggles with a TTM loss of Rs 5 crore and a high debt-to-equity ratio of 0.90.

• Appointment of Mr. Sri Kant as Independent Director for a 5-year term starting May 9, 2026.
• Shareholder approval finalized via special resolution following a postal ballot notice dated July 6, 2026.
• The appointee holds concurrent Independent Directorships in 4 other listed entities.
• Company reported a negative Operating Profit Margin of -71.8% for the TTM period.

Newtime Infrastructure has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently under financial stress, reporting a TTM net loss of Rs 5 Cr on a small revenue base of Rs 4 Cr. The previous quarter (March 2026) saw a significant operating loss of Rs 2.36 Cr. The trading window for insiders has been closed since July 1, 2026, in compliance with SEBI regulations.

• Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
• Trading window for insiders closed from July 1, 2026, until 48 hours after results declaration.
• Company reported a net loss of Rs 3.62 Cr in the most recent quarter ended March 2026.
• TTM operating profit margin stands at a negative 71.8% on Rs 4 Cr revenue.
• Debt levels remain significant at Rs 32 Cr against a net worth of Rs 36 Cr.