Newtime Infrastructure Limited informed that Mr. Vipul Gupta vide letter dated June 25, 2024, has tendered his resignation as an Independent Director of the Company, with effect from close of business hours on June 25, 2024. While taking note of the above, the Board of Directors of the Company placed on record its appreciation for the valuable contribution and guidance provided by Mr. Vipul Gupta during his association with the Company as an Independent Director. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees if any: Directorship: Rollatainers Limited (Independent Director).

Committee Memberships: Audit Committee (chairman), Nomination and Remuneration Committee(Chairperson). Stakeholders Relationship Committee (Member). Corporate Social Responsibility Committee (Chairperson).

Alliance Integrated Metaliks Limited (Independent Director). Committee Membership(s): Audit Committee (Chairperson). Nomination and Remuneration Committee(Chairperson).

Stakeholders Relationship Committee (Chairperson). Mr. Vipul Gupta has confirmed that there are no material reasons for his resignation.