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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: 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: Creative Newtech Limited approves acquisition of 100% stake in Zicom SaaS Private Limited for approximately Rs. 50.50 Crore (Enterprise Value) to strengthen its Surveillance and Managed Security Services Business Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Creative Newtech Limited, at its meeting held on Wednesday, 4th November 2026, has approved the acquisition of 100% of the equity share capital of Zicom SaaS Private Limited for a total consideration of approximately Rs. 50.50 Crore. The acquisition consideration comprises Rs. 25.00 Crore payable in cash and approx Rs. 25.50 Crore through a share swap arrangement involving the preferential issue of 2,25,000 equity shares of Creative Newtech Limited at an issue price of Rs. 1,133.33 per equity share. The Board has also approved convening an Extraordinary General Meeting (EGM) of the shareholders on Saturday, 28th November 2026, to seek their approval for the preferential issue of equity shares towards the share swap consideration, in accordance with the applicable provisions of the SEBI ICDR Regulations, 2018. Zicom SaaS Private Limited is an established player in India's electronic security industry, specialising in Security as a Service (SaaS), intelligent surveillance, 24×7 centralised monitoring, AI-enabled security solutions and managed security services. The acquisition is expected to strengthen Creative Newtech's presence in the surveillance and security solutions industry by combining its established technology distribution network and channel partnerships with Zicom's monitoring infrastructure, technical capabilities and existing customer relationships. The transaction is also expected to support the Company's transition from a primarily distribution-led business model towards an integrated, technology-led surveillance and managed security services platform, with 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 opportunities for recurring revenue, cross-selling and participation in larger enterprise and institutional surveillance projects. The acquisition has been approved by the Board of Directors and is subject to requisite shareholders' and regulatory approvals, wherever applicable, execution of necessary transaction documents and completion of applicable formalities. The Company will update the Stock Exchanges and stakeholders regarding further developments and completion of the acquisition, as applicable. A detailed media release providing further information on the acquisition, transaction structure, Zicom SaaS's business operations and service capabilities, strategic rationale behind the transaction and expected benefits to Creative Newtech Limited is enclosed with this intimation. This is for your record and reference. For Creative Newtech Limited Tejas Doshi Chief Compliance Officer & Company Secretary ACS – 30828 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 Media Release Proposed Rs. 50.50 Crore Acquisition of Zicom SaaS Private Limited to Strengthen Its Surveillance and Managed Security Services Business Mumbai, 04th November 2026: Surveillance is entering a new phase, where intelligent monitoring, remote intervention and continuous service management are becoming increasingly important to security operations. Creative Newtech Limited (NSE: CNL; BSE: 544631) is positioning itself to capitalise on this evolution through the proposed acquisition of Zicom SaaS Private Limited, combining its established strengths in technology distribution with specialised capabilities in managed security services. Over the years, Creative Newtech has built an extensive distribution network, cultivated strong channel partnerships and established its presence across technology categories, including surveillance and networking. These strengths have helped the Company bring technology products to customers at scale. The proposed acquisition offers an opportunity to extend this role beyond equipment supply into the continuous monitoring, intelligence and management of security infrastructure. With Zicom SaaS’s experience in centralised monitoring, intelligent surveillance and subscription-based security services, Creative Newtech aims to strengthen its surveillance business, deepen customer relationships, participate in larger institutional opportunities and pursue recurring revenue streams through ongoing service arrangements. Transaction Overview • Target: Acquisition of 100% of the equity share capital of Zicom SaaS Private Limited from its holding company, Onyx SaaS Private Limited. • Total consideration: Approximately Rs. 50.50 crore (Enterprise value). • Cash component: Rs. 25.00 crore. • Share swap component: Approximately Rs. 25.50 crore through the proposed preferential issue of 2,25,000 equity shares of Creative Newtech Limited at an issue price of Rs. 1,133.33 per share, in accordance with the applicable provisions of the SEBI ICDR Regulations, 2018. 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 The proposed transaction combines cash consideration with the issuance of Creative Newtech equity shares to the seller and will be subject to requisite approvals and applicable completion requirements. Zicom SaaS: An Established Business in Continuous Security Management With roots in India’s electronic security industry dating back to the 1990s, Zicom SaaS Private Limited was established in 2011 as part of the Zicom Group. Rather than being limited to the sale of CCTV cameras or security equipment, Zicom SaaS has developed a Security as a Service (SaaS) model, under which customers can access surveillance equipment, remote monitoring, maintenance and security management services against recurring subscription charges. This approach can reduce the need for customers to build and independently manage complex security operations. Through its centralised monitoring infrastructure, Zicom can remotely supervise geographically dispersed facilities, including bank branches, ATMs, retail outlets and other business premises, monitor the functioning of security systems and coordinate responses to alerts. Its principal offerings include: • 24×7 Command and Control Centre: Centralised monitoring of large networks of sites, real-time alerts and coordinated incident response. • ATM Active Deterrence: AI-enabled detection of suspicious activity or equipment tampering, supported by operator verification, two-way audio warnings and response coordination w [Showing first 8,000 characters — download PDF for full document]