Newtime Infrastructure Limited announced key corporate governance developments following its Board of Directors meeting held on January 09, 2026. The company made strategic appointments and initiated shareholder approval processes in compliance with SEBI regulations.

CFO Appointment and Key Details

The Board of Directors approved the appointment of Ms. Deepti Sharma as Chief Financial Officer and Key Managerial Personnel, effective January 09, 2026. The appointment was made based on recommendations from the Nomination and Remuneration Committee.

Ms. Sharma brings extensive experience across finance and administration, relationship management, and proven ability to manage operations, handle client relations, lead teams, and streamline organizational processes.

Postal Ballot Notice for Director Regularization

The Board approved a postal ballot notice dated January 09, 2026, seeking shareholder approval for the regularization of Mr. Mahir Bhadani as Non-Executive Independent Director. Mr. Bhadani was initially appointed as Additional Director on November 14, 2025.

E-Voting Process and Timeline

The company has appointed M/s AASK & Associates LLP (LLPIN: AAD-2934) as the scrutinizer for conducting the postal ballot process in a fair and transparent manner. The e-voting facility will be provided through Central Depository Services (India) Limited (CDSL).

Regulatory Compliance and Documentation

The postal ballot notice has been issued pursuant to Section 110 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has received all statutory disclosures and declarations from Mr. Bhadani, including:

• Consent in writing to act as director in Form DIR-2
• Declaration of independence under Section 149(6) of the Companies Act, 2013
• Confirmation of compliance with SEBI regulations
• Registration with the Independent Directors data bank maintained by the Indian Institute of Corporate Affairs

The Board meeting commenced at 4:00 PM and concluded at 5:00 PM on January 09, 2026. Shareholders whose email addresses are registered with the company, depositories, or Registrar and Share Transfer Agent will receive the postal ballot notice electronically, as physical copies will not be distributed in compliance with MCA circulars.

Newtime Infrastructure Limited announced significant corporate developments following its Board of Directors meeting held on January 09, 2026. The infrastructure company made key appointments and initiated a postal ballot process for shareholder approval on director regularization.

CFO Appointment and Key Details

The Board appointed Ms. Deepti Sharma as Chief Financial Officer and Key Managerial Personnel, effective from January 09, 2026. The appointment was made based on recommendations from the Nomination and Remuneration Committee.

Ms. Sharma brings extensive experience across finance and administration, relationship management, and proven ability to manage operations, handle client relations, lead teams, and streamline organizational processes.

Postal Ballot Notice for Director Regularization

The Board approved a postal ballot notice dated January 09, 2026, seeking shareholder approval for regularizing the appointment of Mr. Mahir Bhadani as Non-Executive Independent Director. Mr. Bhadani was initially appointed as Additional Director on November 14, 2025.

E-Voting Process and Timeline

The company has implemented a comprehensive e-voting system for the postal ballot process, with specific timelines and procedures established for shareholder participation.

Key Dates and Process Details

The postal ballot notice will be sent electronically to shareholders whose email addresses are registered with the company, depositories, or Registrar and Share Transfer Agent. The company has engaged Central Depository Services (India) Limited (CDSL) for facilitating the e-voting process.

Corporate Governance and Compliance

The developments align with regulatory requirements under SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015. The Board meeting commenced at 4:00 PM and concluded at 5:00 PM on January 09, 2026.

Shareholders eligible for voting are those whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date of January 02, 2026. The company has made provisions for both individual and non-individual shareholders to participate in the e-voting process through multiple login methods via CDSL and NSDL platforms.

The regularization of Mr. Bhadani's appointment requires approval through special resolution, as he meets the independence criteria under Section 149(6) of the Companies Act, 2013, and relevant SEBI regulations. The appointment is for a five-year term, during which he will not be liable to retire by rotation.