Newtime Infrastructure Limited entered into agreement to acquire MVERX Technologies Private Limited for INR 11 million.

Newtime Infrastructure Limited (BSE:531959) entered into agreement to acquire MVERX Technologies Private Limited for INR 11 million on January 18, 2024. The expected date of acquisition is within 90 days of agreement date. The consideration consists of INR 11 million in cash.

The turnover for FY 2023 is INR 4.653 million.