Notice of 41st Annual General Meeting of the Company for the Financial Year 2024-25.
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Newtime Infrastructure Limited has called its 41st Annual General Meeting on Tuesday, 30th September 2025 at 2:00 PM at its registered office in Gurugram, Haryana. The agenda includes adoption of audited standalone and consolidated financial statements for FY 2024-25, re-appointment of Ms. Sehar Shamim (DIN: 09503621) as Director retiring by rotation, and re-appointment of Ms. Rajiv Kapur Kanika Kapur (DIN: 07154667) as Independent Director for a fresh 5-year term (30 Jan 2025 to 30 Jan 2030). Shareholders will also be asked to appoint M/s. AASK & Associates LLP as Secretarial Auditors for five years from FY 2025-26 to FY 2029-30. Several special business items seek shareholder approval for borrowing up to Rs. 50 crore (Section 180(1)(c)), creating mortgage/charge on assets up to Rs. 50 crore (Section 180(1)(a)), making investments/loans/guarantees up to Rs. 50 crore (Section 186), lending to specified persons up to Rs. 50 crore (Section 185), and related party transactions up to Rs. 50 crore (Section 188). Voting will be via CDSL remote e-voting from 27-29 September 2025, with cut-off date of 23 September 2025.
This is a routine AGM notice but bundles multiple significant corporate actions. The Rs. 50 crore borrowing, lending, and related-party transaction approvals suggest the company may be preparing to expand its financial activities. Notably, 59,45,000 preference shareholders gain voting rights equivalent to equity holders because dividends have been unpaid for two or more years, which could affect voting outcomes at the AGM.