Creative Newtech Ltd

AGM Details

• The 22nd AGM was held on 30 September 2026 at 11:00 a.m.
• Conducted via Video Conferencing and Other Audio-Visual Means (VC/OAVM).
• Time of commencement 11:00 A.M. and conclusion 12:02 P.M.
• Attendance included 67 shareholders via VC/OAVM.
• No proxies; voting results to be filed with stock exchanges.

Key Resolutions

• Agenda 1: Adopt Audited Standalone and Consolidated Financial Statements; Ordinary.
• Agenda 2: Declare Final Dividend; Ordinary.
• Agenda 3: Re-appoint Ketan Patel as Director liable to retire by rotation; Ordinary.
• Agenda 4: Approval for Related Party Transactions; Ordinary.
• Agenda 5: Implement Creative Employee Stock Option Scheme 2026; Special.
• Agenda 6: Extend ESOP 2026 benefits to group companies; Special.
• Agenda 7: Revision of remuneration of Ketan Patel; Special.
• Agenda 8: Revision of remuneration of Vijay Advani; Special.
• Agenda 9: Revision of remuneration of Mrs. Purvi Ketan Patel; Special.

Voting & Disclosure

• Voting results and Scrutinizer’s report to be filed with NSE/BSE and on company website.

Creative Newtech Limited trading window closed from 01st October 2026 till expiry of 48 hours after the declaration of results for the quarter and half year ended at 30th September 2026

Contracting structure clarification

• FCI remains project authority; NebulArc is the SI partner; CNL's scope is via NebulArc.
• NebulArc is CNL's direct contracting counterparty for the order.
• Order value Rs 35.89 crore for deployment across 150 depots.
• Two phases of 75 sites; final commissioning within 180 days; AMC for 3 years.
• No promoter group interest in NebulArc; order not a related party transaction.
• Project scope, value, timeline unchanged; clarification does not alter substance.

AGM Details

• AGM date and time: 30 September 2026 at 11:00 AM IST via VC/OAVM.
• Deemed venue: registered office of the Company.
• Notice/Annual Report cut-off date: 28 August 2026.
• e-voting eligibility cut-off: 23 September 2026.
• Dividend record date: 23 September 2026.
• e-voting window: 27 September to 29 September 2026.

Ordinary Resolutions

• Adopt standalone and consolidated financial statements for FY2025-26.
• Declare final dividend of Re 0.50 per share for FY2025-26.
• Reappoint Ketan Patel as Managing Director, liable to retire by rotation.

Special Resolutions

• Approve related party transactions with Secure Connection Limited up to Rs 750 crores FY2026-27.
• Approve Creative ESOP Scheme 2026 to grant up to 2,00,000 stock options.
• Extend ESOP Scheme 2026 benefits to group companies within 2,00,000 cap.
• Revise Ketan Patel's remuneration for FY2026-27; total CTC 158.23 Lakh.
• Revise Vijay Advani's remuneration for FY2026-27; total CTC 81.48 Lakh.
• Revise Purvi Ketan Patel's remuneration for FY2026-27; total CTC 115.10 Lakh.

Financial highlights

• Standalone total income rose 50.85% to Rs 2,717.51 Cr.
• Standalone EBITDA rose 42.66% to Rs 103.95 Cr.
• Standalone PAT rose 32.35% to Rs 70.29 Cr.
• Consolidated total income rose 50.85% YoY to Rs 2,717.51 Cr.
• Consolidated PAT rose 32.35% to Rs 70.29 Cr.
• Consolidated EPS at Rs 41.04.
• Consolidated net worth at Rs 387.29 Cr; debt/equity 0.84.
• Final dividend of Rs 0.50 per share proposed.
• Listed on BSE Main Board; NSE listing earlier; symbol CNL, 544631.
• Market cap about Rs 793.11 Cr as of 31-Mar-2026.

Business model & growth strategy

• Growth driven by three segments: Market Entry, Brand Business, Solutions.
• Government opportunities expanded via GeM; Rs 54.15 Cr orders secured.
• Honeywell footprint expanded in digital retail via Blinkit, Zepto, Swiggy Instamart.
• Surveillance portfolio strengthened with Matrix and Sparsh partnerships.
• Imaging and cybersecurity expansion through EIZO and Kaspersky collaborations.
• Indigenous drone tech through PDRL partnership; AI-ready surveillance focus.
• Memory and HPC growth via BRYT and Corsair partnerships.

Geographical reach & scale

• Footprint across 38+ countries; pan-India distribution with 31+ branches.
• 18 pan-India warehouses; 125,000+ sq ft warehousing capacity.
• 10,000+ trusted partners; 26+ global brands; 5,000+ products.
• NSE and BSE listings enhance market visibility and investor access.

Governance, leadership & audit

• Board of 6 with 4 Independent Directors; fresh governance cadence.
• Independent Directors held virtual meeting on 5 Feb 2026.
• CFO transition: Abhijit Kanvinde exited; Ajit Thakur appointed CFO (May 2026).
• Statutory auditors: Gupta Raj & Co; secretarial: Satyajit Mishra & Co.
• Audits: no qualifications; robust internal controls and regular board reviews.

Capital structure & shareholder-info

• Share capital: 1,50,16,675 shares; Rs 15.02 Cr paid-up.
• Promoter stake at 56.20% as of 31-Mar-2026.
• Dual listing: NSE and BSE; Scrip Code 544631; market cap approx Rs 793 Cr.
• ESOP 2026: up to 2,00,000 options; 1.33% of issued capital; group extension under consideration.

Related party trans & ESOP framework

• Material RPT: Secure Connection Limited up to Rs 750 Cr for FY26-27; shareholder approval required.
• ESOP Scheme 2026 framework approved; administered by NRC; vesting and exercise terms defined.
• RPT approvals aligned with SBEB Regulations and SEBI LODR.

CSR & ESG

• CSR spend: Rs 62.00 Lakhs; above mandatory 2% of average net profit.
• CSR initiatives include education, skill development, and arts/culture projects.
• CSR committee chaired by Ketan Patel; policy accessible on company website.

Subsidiaries & associate

• Subsidiaries: Creative Peripherals & Distribution Limited (Hong Kong) 100%; Secure Connection Limited 77.50%.
• Associate: Creative eCommerce Ventures Private Limited 49%.

Risks & outlook

• Risks: rapid tech obsolescence, credit risk, competition, and supply chain volatility.
• Outlook: accelerate AI, IoT, surveillance; scale Solutions and Brand Business.
• Pursue international expansion and strengthen ESG integration across operations.

Partnership overview

• Partnership Formed: Creative Newtech signs pan-India distribution agreement with Jupiter Electric Mobility for drone batteries.
• Creative Newtech appointed PAN India distributor for Jupiter's drone batteries, selling to customers, resellers, and partners.
• Key product: Vaayu 1.0 battery—24,000 mAh, 518.4 Wh, up to 17C, >400 cycles at 80% DoD.
• Vaayu 1.0 uses 21,700 cylindrical cells with heat dissipation and thermal management features.
• BIS-certified battery designed for high-discharge, heat resilience in agricultural and professional drones.
• JEM to support partnership with product training, promotional material, technical data, and sales support.
• Strategic rationale: combine Creative Newtech's distribution reach with JEM's battery technology.
• Structured as a distribution collaboration, not a vendor supply agreement.
• JEM is a wholly owned subsidiary of Jupiter Wagons Limited; Jupiter Wagons not party to the agreement.
• No upfront investment or revenue commitment disclosed.

Partnership details

• Appoints PAN India distributor for Drona Aviation's educational drone kits.
• May sell to customers and resellers and appoint partners.
• May appoint sub-representatives to support distribution.
• Drona will provide training, materials, and sales support.
• Product portfolio includes Pluto 1.2 DIY Drone Kit, Pluto X and Guru nano-drone.
• Initiative aims to broaden access to hands-on STEM and drone education across India.
• Agreement dated 27 August 2026; PAN India distribution rights.
• No financial investment amount disclosed.
• Strategic impact: expands Creative Newtech's presence in drone education.
• Management comments highlight expansion into education-focused drone ecosystem via distribution network.

Meeting Details

• Date & Time: Thursday, August 13, 2026, 09:00–12:00
• Type/Mode: Group and 1:1 meetings; Physical at Sofitel BKC, Mumbai
• Event/Organizer: Equirus India Growth Summit

Participants

• Company participant: Chief Compliance Officer & Company Secretary

Purpose

• Purpose: Schedule for analyst/institutional investor meetings