ALPHA TRIBE

Newtime Infrastructure LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

MGR Investment Private Limited, identified as a proposed promoter group, has acquired 1,884,061 equity shares of Newtime Infrastructure Limited. This acquisition resulted from the conversion of previously held convertible preference shares. Post-conversion, MGR Investment now holds 0.36% of Newtime Infrastructure's total voting capital. This event marks a change in the company's promoter group shareholding, offering retail investors insight into ownership structure shifts and potential long-term strategic alignment within the company.

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