NSEAddendum11 Sept 2026 · 11 Sept 2026, 02:39 pm
Addendum
Creative Newtech Limited · CNL
✦ AI Summaryclarification
Creative Newtech Limited issues a clarification regarding the contracting arrangement for the FCI Smart Warehousing Project, stating that NebulArc Technologies Private Limited is the direct contracting counterparty for the order, while FCI is the project authority. The clarification does not change the project's scope, value, or execution, but provides greater clarity on the contracting structure.
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Full Announcement
Clarification / Revised Disclosure in continuation of Corporate Announcement dated 12th May 2026 and Addendum dated 13th May 2026 regarding FCI Smart Warehousing Project
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CREATIVE_11092026143943_Clarification_Letter_CNL_FCI.pdf
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Creative Newtech Limited
CIN - L52392MH2004PLC148754
An ISO 9001:2015 Certified Company
Registered Office: 3rd & 4th floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067
Contact No.: +91 22 50612700 | Email: cs@creativenewtech.com | Website: www.creativenewtech.com
Date: 11th September 2026
To, To,
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E) Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Symbol: CNL Scrip Code: 544631
Sub: Clarification / Revised Disclosure in continuation of Corporate Announcement
dated 12th May 2026 and Addendum dated 13th May 2026 regarding FCI Smart
Warehousing Project
Dear Sir/Madam,
This is with reference to the corporate announcement made by Creative Newtech Limited
(“Company” or “CNL”) on 12th May 2026, along with the Media Release titled “Creative
Newtech Limited Secures Rs. 35.89 Crore FCI Smart Warehousing Project Across 150
Depots”, and the subsequent Addendum / Revised Disclosure dated 13th May 2026.
The Company wishes to provide a clarification regarding the contracting arrangement for
the aforesaid project, with a view to provide complete clarity and avoid any possible
ambiguity arising from the wording of the earlier disclosures.
We wish to clarify that the Food Corporation of India (“FCI”) is the project authority for the
FCI Smart Warehousing Project. The project has been awarded by FCI to our System
Integrator (“SI”) partner, NebulArc Technologies Private Limited (“NebulArc”), and
Creative Newtech Limited has received the order for its assigned scope of work from
NebulArc.
In this regard, it may also be noted that the original Media Release had also stated that “The
project will be executed through Creative Newtech Limited strategic partnership with SI and
Creative Newtech’s implementation strength and deployment experience.” The reference to
the SI partnership was therefore already included in the original Media Release.
The references in the earlier announcement and Media Release to the FCI order/project
were in the context of the underlying FCI Smart Warehousing Project. This clarification is
being issued to further clarify the contracting arrangement and to specify that NebulArc
Technologies Private Limited is CNL’s direct contracting counterparty for the said order,
while FCI is the project authority.
Creative Newtech Limited
CIN - L52392MH2004PLC148754
An ISO 9001:2015 Certified Company
Registered Office: 3rd & 4th floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067
Contact No.: +91 22 50612700 | Email: cs@creativenewtech.com | Website: www.creativenewtech.com
Except for the above clarification regarding the contracting arrangement, there is no
change in the project or CNL’s participation therein. Creative Newtech Limited continues
to undertake and execute its assigned scope of work for the FCI Smart Warehousing Project
pursuant to the order received from NebulArc.
Further, all other details relating to the project as disclosed earlier, including the order
value of Rs. 35.89 crore, scope of work, coverage of 150 FCI depots,
implementation/deployment activities, execution timeline and AMC support, remain
unchanged. The Company continues to work on the project in accordance with the agreed
scope and terms.
Accordingly, this clarification is being issued only to provide greater clarity on the
contracting structure of the project. There is no change to the substance, scope, value or
execution of the project as previously disclosed.
The updated requisite details in relation to the aforesaid order/project, pursuant to
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with the applicable SEBI Circulars/Guidelines, are enclosed herewith as
Annexure A.
The earlier corporate announcement dated 12th May 2026 and Addendum dated 13th May
2026 may accordingly be read together with this clarification.
The links to the original Media Release disseminated to Stock Exchanges are provided in
Annexure B to this clarification letter for reference.
We request you to kindly take the above clarification on record.
Thanking you,
Yours Faithfully
For Creative Newtech Limited
Tejas Doshi
Chief Compliance Officer & Company Secretary
ACS – 30828
Encl: Annexure A & B
Creative Newtech Limited
CIN - L52392MH2004PLC148754
An ISO 9001:2015 Certified Company
Registered Office: 3rd & 4th floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067
Contact No.: +91 22 50612700 | Email: cs@creativenewtech.com | Website: www.creativenewtech.com
Annexure – A
Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with the applicable SEBI Master Circular for
compliance with the Listing Regulations, last updated on January 30, 2026, as
amended from time to time
Sr. Particulars Details
1 Name of the entity awarding the NebulArc Technologies Private Limited (SI partner
order(s)/contract(s) for the FCI Smart Warehousing Project). NebulArc
has received the underlying project / order from
Food Corporation of India (FCI) and further has
assigned this to the Company, Creative Newtech
Limited.
2 Significant terms and conditions Creative Newtech Limited has received an order
of order(s)/contract(s) from NebulArc Technologies Private Limited for its
awarded in brief assigned scope under the FCI Smart Warehousing
Project covering 150 depots across India. The
scope includes deployment of surveillance and AI-
based smart warehousing infrastructure, including
sensor modules, bag counting systems, boom
barriers, gateway infrastructure, software
platforms, surveillance, AI and intelligent
monitoring systems. As previously disclosed, the
project is to be rolled out in two phases of 75 sites
each, with final commissioning within 180 days
and AMC support for three years.
3 Whether order(s)/contract(s) Domestic entity
have been awarded by domestic
/ international entity
4 Nature of order(s)/contract(s) Order for implementation and deployment of
smart warehousing, surveillance, IoT, AI-based
monitoring and related technology infrastructure
for the FCI Smart Warehousing Project, received by
the Company from NebulArc Technologies Private
Limited.
5 Whether domestic or Domestic
international
Creative Newtech Limited
CIN - L52392MH2004PLC148754
An ISO 9001:2015 Certified Company
Registered Office: 3rd & 4th floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067
Contact No.: +91 22 50612700 | Email: cs@creativenewtech.com | Website: www.creativenewtech.com
Sr. Particulars Details
6 Time period by which the Final commissioning within 180 days, with AMC
order(s)/contract(s) is to be support for three years thereafter, as previously
executed disclosed.
7 Broad consideration or size of Rs. 35.89 crore
the order(s)/contract(s)
8 Whether the No. The promoter / promoter group / group
promoter/promoter companies of the Company do not have any
group/group companies have interest in NebulArc Technologies Private Limited.
any interest in the entity that
awarded the
order(s)/contract(s). If yes,
nature of interest and details
thereof
9 Whether the No. The order / contract with NebulArc
order(s)/contract(s) would fall Technologies Private Limited does not fall within
within related party related party transactions.
transactions. If yes, whether the
same is done at arm’s length
Annexure – B
Links of original media release disseminated to stock exchanges on 12th May 2026:
NSE https://nsearchives.nseindia.com/corporate/CREATIVE_12052026133333_MR_
CNL_FCI.pdf
BSE https://www.bseindia.com/xml-data/corpfiling/AttachHis/2fa01c77-b2ff-
435e-bf56-fb8cebf3d170.pdf
Links of Addendum with revised disclosure disseminated to Stock Exchanges on
13th May 2
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