Newtime Infrastructure passed all seven resolutions proposed at its 42nd Annual General Meeting (AGM) held on September 30, 2026. The company disclosed the voting results and the scrutinizer's report to the stock exchanges on October 5, 2026.

The meeting, conducted in physical mode at the registered office in Gurugram, saw the approval of two ordinary resolutions and five special resolutions. These included the adoption of financial statements for FY26, reappointment of a director, and approvals related to borrowing limits, investments, and related party transactions.

Voting Outcome Details

The scrutinizer, Sachin Khurana of AASK & Associates LLP, confirmed that all resolutions were carried with the requisite majority as per the Companies Act, 2013. The voting process utilized remote e-voting via National Securities Depository Limited (NSDL) and venue voting at the meeting.

Ordinary Resolutions

Item 1: Adoption of audited standalone and consolidated financial statements for FY26. Item 2: Reappointment of Manisha Goel (DIN: 09725308) as a director retiring by rotation.

Special Resolutions

Item 3: Approval to make investments, give loans, guarantees, and security in excess of limits under Section 186. Item 4: Approval for borrowing under Section 180(1)(c). Item 5: Approval for creation of mortgage or charge on assets under Section 180(1)(a). Item 6: Approval for loans/guarantees/security in connection with loans availed by specified persons under Section 185. Item 7: Approval for related party transactions under Section 188.

Consolidated Voting Results

Note: Voting data is identical across all items as per the disclosed report.

What the Numbers Show

The voting data reveals an overwhelming support structure for management proposals. Across all seven resolutions, 378,041,461 votes were cast in favor against only 299 votes against. This near-unanimous approval suggests that the promoter or major shareholder group holds a dominant position in the voting pool, effectively ensuring that shareholder dissent has negligible impact on corporate governance decisions such as borrowing limits and related party transactions.

Newtime Infrastructure Limited has scheduled its 42nd annual general meeting for September 30, 2026. The meeting will be held at the company’s registered office in Gurugram at 2:00 pm.

The board of directors approved the notice for the AGM on September 2, 2026. Shareholders are informed that the cut-off date to determine entitlement for voting is Wednesday, September 23, 2025. This date is fixed pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

E-Voting Process and Timeline

The company will avail e-voting services through National Securities Depository Limited (NSDL). The remote e-voting period is structured as follows:

Board Approvals and Statutory Limits

The board meeting, which commenced at 4:35 pm and concluded at 5:30 pm on September 2, focused on approving several statutory limits requiring shareholder ratification via special resolutions.

Key matters approved include:

• Investments and Loans: Limits for investments, loans, guarantees, and security in excess of those specified under Section 186 of the Companies Act, 2013.
• Borrowing Powers: Borrowing limits exceeding thresholds prescribed under Section 180(1)(c) of the Companies Act, 2013, including borrowing from banks, financial institutions, or foreign lenders.
• Disposal of Undertaking: Limits to sell, lease, or dispose of the whole or substantially the whole of the undertaking in excess of limits specified under Section 180(1)(a).
• Related Party Transactions: Limits for giving loans, guarantees, or providing security in connection with loans availed by any specified person under Section 185.
• General Related Party Transactions: Limits recommended by the Audit Committee for consideration during Financial Year 2026-27 under Section 188.

Annual Report and Governance

The board also approved the Board Report, Corporate Governance Report, and Management Discussion and Analysis Report for the financial year ended March 31, 2026. These documents form part of the annual report and will be presented to shareholders at the upcoming meeting.