Newtime Infrastructure Ltd — Important, 14-08-2026: Company Update

Newtime Infrastructure's Board has approved a significant capital restructuring. The company will convert 2,35,50,530 Compulsory Convertible Preference Shares (CCPS) into an equivalent number of equity shares, each with a face value of Re 1. This move, converting 2.355 Cr preference shares into equity, impacts the company's capital structure by increasing its equity share base. The new equity shares are being issued to promoter entities, MGR Investment Private Limited and Atambhu Buildwell Private Limited, solidifying their stake.