Media Release on Creative Newtech Limited proposes to acquire Infinova (India) Private Limited to build a ''Make in India'' Surveillance Technology Platform
M&A
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MEDIUM RISK
📅 Filed on BSE: 13 Jul 2026, 12:28 PM IST · BSE ID: 9c5a14e4-2b88-4420-ad72-4b80bbc86547
View Original BSE Filing (PDF)
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In Simple Terms
Creative Newtech plans to buy Infinova (India) for up to USD 4.00 Million to make its own surveillance products in India.
🤖 AI Summary
- Creative Newtech proposes to acquire 100% equity share capital of Infinova (India) Private Limited.
- The Board approved an acquisition budget of up to USD 4.00 Million for the transaction.
- Acquisition includes Infinova's India business operations, exclusive brand rights, manufacturing, and team.
- Strategic goal is to build a 'Make in India' surveillance technology platform and move towards integrated business.
- Completion is subject to due diligence, necessary approvals, and execution of definitive agreements.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Acquisition Budget
up to USD 4.00 Million
🏢 How This Affects the Company
This acquisition integrates manufacturing and exclusive brand rights, transitioning Creative Newtech from a distribution-led model to a technology-led surveillance business platform with local assembly capabilities. It expands the company's offering into owned surveillance technology and manufacturing.
The company has approved a budget of up to USD 4.00 Million for this acquisition, which includes consideration payable, transaction costs, and professional fees. Specific impact on balance sheet, cash, or earnings will depend on the final transaction details and funding structure.
Creative Newtech will gain Infinova's existing experienced team, product assembly and manufacturing facility in India, and access to its supply chain and OEM network. This provides direct control over production and after-sales support for surveillance solutions.
The proposed acquisition is subject to satisfactory due diligence, necessary approvals, and execution of definitive agreements. Failure to complete these steps could result in the transaction not proceeding as planned.
👥 What This Means For Shareholders
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Action Required
No action required from shareholders at this stage.
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Who Is Affected
Shareholders are affected by the company's strategic decision to allocate up to USD 4.00 Million for an acquisition, which could reshape its business model from distribution-led to technology-led.
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Management Signal
Management intends to expand Creative Newtech's business model to include owned surveillance technology and manufacturing, aligning with the 'Make in India' initiative.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of definitive agreements for Infinova (India) acquisition.
Disclosure of final transaction numbers and closing details.
Updates on integration of Infinova's manufacturing facility and team.
MEDIUM RISK
Acquisition is contingent on due diligence, approvals, and definitive agreements, indicating execution risk.
💡 Investor Takeaway
Creative Newtech's Board approved a budget of up to USD 4.00 Million for the proposed acquisition of Infinova (India). This strategic move aims to build a 'Make in India' surveillance technology platform, including manufacturing facilities and exclusive brand rights in India, moving towards a technology-led business.
⚖️ Strengths & Concerns
✅ Positives
- Acquisition includes product assembly and manufacturing facility in India, supporting 'Make in India' initiative and local control.
- Gains exclusive brand rights for India and an experienced team, shifting Creative Newtech to an integrated technology-led platform.
⚠️ Concerns
- The acquisition is still proposed and subject to satisfactory due diligence, necessary approvals, and definitive agreements.
- The budget of up to USD 4.00 Million includes various costs; specific transaction value and financial terms are not yet finalized.
📅 Company Track Record
Past filings on 2026-07-13 indicated Creative Newtech's proposal to acquire Infinova (India) for up to USD 4.00 Million, aligning with the details of this media release regarding the Board's approval.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the approved budget for Creative Newtech's proposed acquisition of Infinova (India)?
The Board of Directors of Creative Newtech Limited has approved a budget of up to USD 4.00 Million (US Dollar Four Million only) for the proposed acquisition of Infinova (India) Private Limited.
What does Creative Newtech's acquisition of Infinova (India) include?
The proposed acquisition includes Infinova’s business operations in India, exclusive brand rights, technical assistance, existing experienced team, product assembly, and manufacturing facility.
What is the strategic rationale behind Creative Newtech's acquisition of Infinova (India)?
The acquisition aims to build Creative Newtech's own 'Make in India' surveillance technology platform and transition the company from a primarily distribution-led model to a more integrated, technology-led surveillance business platform.
Is the acquisition of Infinova (India) by Creative Newtech finalized?
No, the proposed acquisition is subject to satisfactory due diligence, necessary approvals, and the execution of definitive agreements.
Questions based on this BSE filing only. For information purposes.