Announced Sat, 9 May · 15:59 IST

We hereby appoint Mr Sri Kant (DIN: 06951400) as the Non-Executive Independent Director of the company w.e.f. 09th May, 2026

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹1.97
prior close
₹2.02
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.5-1.5-1.5-0.5+0.5-2.5-6.6-6.6-4.6-4.6-5.6+4.1
Up moveDown movePending
AI summary

The Board of Newtime Infrastructure Limited has appointed Mr. Sri Kant (DIN: 06951400) as an Additional Director in the category of Non-Executive Independent Director, effective 09th May, 2026. The appointment is for a term of five consecutive years (May 09, 2026 to May 08, 2031), subject to shareholder approval at the ensuing general meeting. The appointment was based on the recommendation of the Nomination and Remuneration Committee. Mr. Sri Kant is a B.Com graduate and ICSI member with experience in finance and general management. He is not related to any existing Director or Key Managerial Personnel of the Company.

Likely market impact

This is a routine board appointment adding independent oversight. The appointment strengthens the board's independent composition as required under listing regulations, which is generally positive for corporate governance. Full impact depends on shareholder approval.