Notice of Postal Ballot approved by board of directors in the Board meeting held today, i.e., Friday, 09th January, 2026
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Newtime Infrastructure Limited has issued a Postal Ballot notice seeking shareholder approval for one special business item: the regularization of Mr. Mahir Bhadani (DIN: 10622919) as a Non-Executive Independent Director. Mr. Bhadani, aged 26 and a B.Com graduate with experience in finance and general management, was initially appointed by the Board as an Additional Director on November 14, 2025, and now requires shareholder confirmation for a 5-year term. Voting will be conducted entirely through electronic mode via CDSL, with the voting window open from January 11, 2026 (9:00 AM) to February 9, 2026 (5:00 PM). The cut-off date to be eligible to vote is January 2, 2026, and AASK & Associates LLP has been appointed as the scrutinizer to oversee the process.
This is a routine corporate governance compliance step required under the Companies Act for confirming the Board's earlier appointment of an independent director. It is unlikely to have any material impact on the company's financials or stock price.