Pursuant to Regulation 44 of the SEBI LODR Regulations, 2015, and the Postal Ballot Notice dated 22nd January, 2026. We hereby enclose the outcome of the postal ballot along with the scrutineer ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Newtime Infrastructure Limited conducted a postal ballot through remote e-voting from 24th January to 22nd February 2026 to seek shareholder approval for increasing the company's authorised share capital and amending the Memorandum of Association accordingly. Out of 16,898 total members as on the cut-off date (16th January 2026), 60 shareholders cast valid votes representing 38,22,59,904 votes. The resolution passed with overwhelming support, with 99.9999% of valid votes (38,22,59,603 votes from 48 shareholders) in favour and only 0.0001% (301 votes from 12 shareholders) against. An additional 59,12,850 votes were declared invalid. The scrutinizer M/s AASK & Associates LLP confirmed the resolution was passed with the requisite majority.
The successful approval clears the way for the company to increase its authorised share capital, which creates room for future fundraising, stock splits, or issuance of new shares. For shareholders, this does not immediately dilute holdings but signals management's intent to potentially raise capital or restructure equity in the future.