Newtime Infrastructure Ltd — Important, 17-11-2025: Company Update

Newtime Infrastructure Limited has received in-principle approval from BSE for a preferential issue of 2.355 Cr 10% Compulsorily Convertible Preference Shares. Each share, with a face value of Rs. 1, will be issued at a price of not less than Rs. 9.50. This significant approval allows the company to move forward with raising capital through a preferential allotment. This move is crucial for strengthening the company's financial health, potentially funding future projects, and supporting its long-term growth objectives, offering a clear path for fund infusion.