Meeting Details

The 42nd Annual General Meeting will be held on Wednesday, September 30, 2026, at 2:00 P.M. (IST) at the registered office of the company at Begampur Khatola, Khandsa, Near Krishna Maruti, Gurgaon, Basai Road, Haryana, India, 122001.

Ordinary Business

1. To receive, consider, and adopt:

  • The Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.
  • The Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with the Report of the Auditors.

2. To appoint Ms. Manisha Goel (DIN: 09725308), who retires by rotation and is eligible for reappointment as a Director.

Special Business

Item 3: Investments, Loans, Guarantees, and Security beyond Section 186 Limits

  • Resolution Type: Special Resolution
  • Purpose: To seek member approval for making investments, giving loans, providing guarantees, and security exceeding limits specified under Section 186 of the Companies Act, 2013.
  • Limit: Aggregate amount not to exceed ₹100 Crore (Rupees Hundred Crores Only) at any time, over and above the statutory limit of 60% of paid-up share capital, free reserves, and securities premium account or 100% of free reserves and securities premium account, whichever is higher.
  • Validity: The resolution remains in force until amended or rescinded by the Board, considering the company's financial performance, growth in real estate sector, and Indian economic conditions.

Item 4: Borrowing under Section 180(1)(c)

  • Resolution Type: Special Resolution
  • Purpose: To seek member approval for borrowing money from banks, financial institutions, foreign lenders, body corporates, entities, or authorities.
  • Limit: Aggregate borrowing amount not exceeding ₹100 crore (Rupees Hundred Crore only), which may exceed the aggregate of paid-up share capital and free reserves of the company.
  • Currency: Borrowings permitted in rupees or permitted foreign currencies.

Item 5: Creation of Mortgage/Charge under Section 180(1)(a)

  • Resolution Type: Special Resolution
  • Purpose: To seek member approval for selling, leasing, disposing of, or creating a mortgage/charge on the company's present and future movable/immovable assets or undertakings.
  • Security Purpose: To secure borrowings for the company or its subsidiary/associate/group entities.
  • Limit: Aggregate indebtedness secured shall not exceed ₹100 Crores (Hundred crores), aligned with the borrowing limit approved under Section 180(1)(c).

Item 6: Loans/Guarantees to Specified Persons under Section 185

  • Resolution Type: Special Resolution
  • Purpose: To seek member approval for advancing loans (including book debt), giving guarantees, or providing security in connection with loans taken by specified persons (group companies, associate companies, joint ventures, subsidiary companies, or persons where directors are interested).
  • Limit: Aggregate amount not exceeding ₹100 crores (Rupees Hundred Crore only) during a financial year.
  • Validity: The resolution remains in force until amended or rescinded by the Board, considering the company's financial performance, growth in the Indian hospitality sector, and Indian economic conditions.

Item 7: Related Party Transactions under Section 188

  • Resolution Type: Special Resolution
  • Purpose: To seek member approval for entering into related party transactions for leasing, selling, disposing of, or buying property of any kind.
  • Related Parties: As defined under Section 2(76) of the Companies Act, 2013 and Regulation 2(1)(zb) of SEBI Listing Regulations.
  • Limit: Maximum aggregate value of ₹50 crore (Rupees Fifty Crore Only) for Financial Year 2026-27.
  • Conditions: Transactions to be at arm's length and in the ordinary course of business.
  • Rationale: To ensure cost-effective, assured supply of construction materials/services of desired quality and uninterrupted business operations.

Voting Information

  • Cut-off Date: Wednesday, September 23, 2026, for determining eligibility to vote.
  • Remote E-voting Period: Commences on Sunday, September 27, 2026 (9:00 A.M. IST) and ends on Tuesday, September 29, 2026 (5:00 P.M. IST).
  • E-voting Service Provider: National Securities Depository Limited (NSDL).
  • Scrutinizer: M/s AASK & Associates LLP (LLPIN: AAD-2934) appointed to scrutinize the e-voting process.
  • Voting Results: To be announced within two working days of the AGM and placed on the company's website (www.newtimeinfra.in) and NSDL's website (nsdl.co.in).

Other Key Points

  • The notice is being sent to members registered as of August 28, 2026.
  • Preference shareholders holding 59,45,000 10% Non-Convertible Non-Cumulative Redeemable Preference Shares of ₹10 each have voting rights on all matters due to non-payment of dividend for the last two years or more.
  • Members holding shares in physical form are urged to convert to dematerialized form as per SEBI mandate.
  • The company's Registrar and Transfer Agent is M/s. Beetal Financial & Computer Services Private Limited.
  • The explanatory statement pursuant to Section 102 of the Companies Act, 2013, is annexed to the notice.