Outcome of Board Meeting

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: 04th November 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 Subject: Outcome of the Meeting of Board of Directors pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and the applicable SEBI Master Circular, we wish to inform you that the Board of Directors of Creative Newtech Limited (“Company”), at its meeting held today, i.e. Wednesday, 04th November 2026, has, inter alia, considered and approved the following: 1. Acquisition of Zicom SaaS Private Limited: The Board has approved acquisition of the entire 100% paid-up equity share capital of Zicom SaaS Private Limited (“Zicom SaaS”), for an aggregate proposed consideration of approximately Rs. 50.50 crore (Enterprise Value), subject to definitive documentation, statutory and regulatory approvals and completion conditions. The proposed consideration comprises: (i) consideration of approximately Rs. 25.50 crore towards acquisition by way of share swap against proposed allotment of 2,25,000 equity shares of the Company of face value Rs. 10 each, on a preferential basis, for consideration other than cash, to Onyx SaaS Private Limited, at such price as may be determined in compliance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”), subject to approval of the members of the Company. (ii) Balance through cash consideration of Rs. 25.00 crore. Upon completion of the acquisition of the entire shareholding, Zicom SaaS will become a wholly-owned subsidiary of the Company. 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 2. Draft Notice of Extraordinary General Meeting of the Company to be held on Saturday, 28th November 2026, inter-alia to seek the requisite shareholders’ approvals, including approval for the preferential issue of equity shares towards the share swap consideration for the acquisition of Zicom SaaS Private Limited The disclosures required under Regulation 30 read with Para A (1) of Part A of Schedule III and paragraph 1.1 of Annexure 18 of the SEBI Master Circular are enclosed as “Annexure A and Annexure B”. 2. Incorporation of a subsidiary company in Singapore The Board has approved incorporation of a subsidiary company in Singapore name as may be approved by the relevant authorities, for the purpose of primarily function of streamlining international procurement operations, improving supply chain efficiency, optimising sourcing costs and ensuring better coordination with global vendors. The subsidiary will also enable the Company to explore new sourcing opportunities, negotiate competitive commercial terms, diversify its supplier base and strengthen its access to international markets. The proposed entity shall be incorporated in accordance with applicable Singapore laws and Indian overseas investment requirements, including FEMA and the applicable Overseas Investment framework. The particulars prescribed under Regulation 30 read with Para A(1) of Part A of Schedule III and paragraph 1.1.A of Annexure 18 of the SEBI Master Circular are set out in “Annexure C”. The meeting of Board of Directors commenced at 10:30 AM and concluded at 12:00 Noon. This is for your record and reference. For Creative Newtech Limited Tejas Doshi Chief Compliance Officer & Company Secretary ACS – 30828 Date – 04th November 2026 Place – Mumbai 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 of Acquisition of Zicom SaaS Private Limited Disclosure pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Paragraph 1.1 of Annexure 18 of the SEBI Master Circular dated 30th January 2026. Sr. Particulars Details 1 Name of the target entity, details in brief Zicom SaaS Private Limited (“Zicom SaaS”), a such as size, turnover, etc. company incorporated in India, engaged in providing electronic security, surveillance, remote monitoring and technology-enabled security services. The Company has a paid-up equity share capital of Rs. 20.00 crore, comprising 2,00,00,000 equity shares of Rs. 10 each. For FY 2025–26, Zicom SaaS reported revenue from operations of Rs. 20.09 crore, total assets of Rs. 52.55 crore and net worth of Rs. 25.62 crore. 2 Whether the acquisition would fall within The proposed acquisition does not fall within the related party transaction(s) and whether related-party transaction framework. the promoter/promoter group/group The promoters, promoter group and group companies have any interest in the entity companies of Creative Newtech Limited do not being acquired? If yes, nature of interest have any interest in Infinova India or its and details thereof and whether the same is shareholders, except in relation to the proposed done at arm's length. transaction. 3 Industry to which the entity being acquired Electronic security, surveillance, Security as a belongs Service (SaaS), remote monitoring, video analytics, artificial intelligence-enabled security solutions and integrated security management s ervices. 4 Objects and impact of acquisition The acquisition is intended to strengthen Creative Newtech Limited's presence in the surveillance and electronic security solutions business by combining its technology distribution capabilities and market reach with Zicom SaaS's established security monitoring infrastructure, command and control centre operations, intelligent video analytics and managed security services. The acquisition is expected to provide opportunities 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 for integrated hardware and service offerings, expansion into banking, enterprise, institutional and residential security segments, and development of recurring revenue streams through subscription-based monitoring, maintenance and surveillance services. 5 Brief details of any governmental or No other approval required except in-principle regulatory approvals required for the approvals from NSE and BSE under Regulation acquisition 28(1) of the SEBI LODR Regulations, 2015, along with other approvals, if applicable. 6 Indicative time period for completion of the The acquisition is expected to be completed within acquisition 3 (Three) months, subject to receipt of necessary approvals, execution of definitive agreements, satisfaction of conditions precedent and completion of requisite formalities. 7 Consideration – whether cash The total acquisition amount is approx Rs. 50.50 co [Showing first 8,000 characters — download PDF for full document]