MoneyWorks4Me

Newtime Infrastructure makes investment of Rs 6.33 crore in Rollatainers

10 May 2024 Evaluate

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.


Peers
Company Name CMP
Larsen & Toubro 3645.00
Kalpataru Projects 1279.95
NCC 116.30
Rail Vikas Nigam 180.10
KEC International 327.55
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