The Company, in its 41st Annual General Meeting with the approval of members be and are hereby approved the resolutions.
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Newtime Infrastructure Ltd held its 41st AGM on September 30, 2025, where members approved five special resolutions. These include raising borrowing limits beyond those prescribed under Section 180(1)(c), increasing investment, loan and guarantee limits under Section 186, and authorising disposal of the company's undertaking under Section 180(1)(a). Members also approved higher thresholds for giving loans or guarantees to specified persons under Section 185, and broader related party transactions under Section 188 for FY 2025-26. The resolutions give the company flexibility to raise funds, invest in joint ventures or subsidiaries, and deal with related parties without seeking fresh shareholder approval each time. No specific financial figures or new business deals were disclosed in this filing.
These are routine AGM housekeeping approvals that give the management wider financial flexibility for FY26 but signal no immediate material change for shareholders. Investors should watch for follow-up announcements if any of these new powers are actually used.