
Atambhu Buildwell Acquires 4.13% Stake in Newtime Infrastructure
Atambhu Buildwell Private Limited has disclosed its acquisition of 2,16,66,469 equity shares, representing 4.13% of the total share capital, in Newtime Infrastructure Limited. The acquisition was made through the allotment of equity shares pursuant to the conversion of 10% Compulsorily Convertible Preference Shares (CCPS). The transaction occurred on August 14, 2026. Following this acquisition, Atambhu Buildwell's total holding in Newtime Infrastructure stands at 4.13%. The total equity share capital of Newtime Infrastructure increased from 52,48,38,000 to 54,65,04,469 shares post-acquisition.
Key Highlights
- Atambhu Buildwell acquired 4.13% stake in Newtime Infrastructure.
- Acquisition involved 2,16,66,469 equity shares.
- Transaction was via conversion of 10% CCPS.
- Newtime's total share capital increased post-acquisition.
Price Impact
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