Key Transaction Details
MGR Investment Private Limited, categorized as "Promoter and Promoter group" of Newtime Infrastructure Limited, converted 10% Compulsorily Convertible Preference Shares (CCPS) into equity shares. The conversion resulted in acquisition of 1,884,061 equity shares representing 0.36% of the total share/voting capital of Newtime Infrastructure Limited.
Quantitative Figures and Capital Structure Impact
- Shares acquired: 1,884,061 equity shares
- Percentage of total voting capital: 0.36%
- Percentage of total diluted voting capital: 0.36%
- Equity share capital before conversion: 524,838,000 shares
- Equity share capital after conversion: 526,722,061 shares
- Previous holding: NIL shares (0%)
- Post-transaction holding: 1,884,061 shares (0.36%)
Transaction Timeline and Execution
- Date of allotment/acquisition: August 14, 2026
- Date of intimation to company: August 18, 2026
- Mode of acquisition: Preferential offer
- Value of transaction: ₹18,84,061 (as indicated in the value column)
Parties Involved
- Target Company: Newtime Infrastructure Limited (CIN: L24239HR1984PLC040797)
- Acquirer: MGR Investment Private Limited (CIN: U51909DL1997PTC088014)
- Signatories: Ajay Kumar Thakur (Managing Director, DIN: 10799462) for Newtime Infrastructure Limited; Manoj Kumar (Director, DIN: 08332775) for MGR Investment Private Limited
Additional Details
- No shares were held in encumbrance (pledge/lien/non-disposal undertaking)
- No voting rights otherwise than by shares
- No warrants/convertible securities/other instruments entitling to receive shares carrying voting rights
- No derivatives trading reported
- The disclosure was filed with BSE Limited on August 18, 2026