Newtime Infrastructure has made investments aggregating to Rs 6.33 crore in the preference share capital of Rollatainers, by way of subscription of 10,00,000 2% Non-Convertible Redeemable Preference Shares, fully paid up of Rs 100 each in Rollatainers; and 1,40,000 10% Non-Convertible Redeemable Preference Shares, fully paid up of Rs 100 each in Rollatainers. The acquisition is Strategic nature and will help the company in its line of business.
Newtime Infrastructure is engaged in media-related software and production activities.
