Announced Wed, 19 Aug · 10:43 IST

Promoter group entity MGR Investment acquires 0.36% stake via CCPS conversion

Promoter Stake BuyOwnership Changes View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹1.96
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AI summary

Newtime Infrastructure promoter group entity MGR Investment Private Limited acquired 18,84,061 equity shares (0.36% stake) through conversion of 10% CCPS on 14 August 2026. Before this acquisition, MGR Investment held no shares in the company. Total equity share capital rose to 52,67,22,061 shares after the allotment.

Likely market impact

Minor dilution for existing holders. Small promoter group allocation signals insider confidence but too small to materially shift shareholding.