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Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Creative Newtech Ltd

Creative Newtech wins Rs. 35.89 crore FCI Smart Warehousing Project

ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 12 May 2026, 01:36 PM IST  ·  BSE ID: 6b6a35b7-cc56-4ad3-9c53-306399306014
View Original BSE Filing (PDF)
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In Simple Terms
Creative Newtech won a government contract worth Rs. 35.89 crore to install smart technology in 150 FCI warehouses.
🤖 AI Summary
  • Creative Newtech Limited secured an order from Food Corporation of India (FCI) valued at Rs. 35.89 crore.
  • The order is for the FCI Smart Warehousing Project, covering 150 depots across India.
  • Project scope includes sensor modules, bag counting, boom barriers, gateway infra, software, AI, and surveillance.
  • Execution will be in two phases of 75 sites each, with commissioning within 180 days and 3-year AMC.
  • The project aims to modernize India’s food storage infrastructure through IoT-based systems.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Order Value
Rs. 35.89 crore
Depots Covered
150
Commissioning Timeline
180 days
AMC Support
3 years
🏢 How This Affects the Company
📈
Business Impact
This order strengthens Creative Newtech's position in government-led digital infrastructure and expands its presence in surveillance, AI, and intelligent warehousing solutions. It also establishes a platform for future government and PSU opportunities in smart infrastructure and logistics.
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Financial Impact
The Rs. 35.89 crore order adds a significant revenue stream to the company's business pipeline. The three-year AMC support contract also provides a recurring revenue component post-commissioning.
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Operational Impact
The project requires coordinated rollout across 150 depots, leveraging Creative Newtech’s 31 offices and warehousing capabilities. It involves deploying various technological components, demanding specific implementation strength and deployment experience.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this order win disclosure.
👤
Who Is Affected
All existing shareholders are indirectly affected by the company's business development, as this order adds a Rs. 35.89 crore revenue stream to the company's project pipeline.
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Management Signal
Management is focused on expanding its presence in government digital infrastructure and smart technology deployment, securing significant public sector contracts.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's next quarterly results — check revenue recognition from this project.
Future filings on project milestones or any potential delays.
Announcements regarding additional government or PSU contracts in smart infrastructure.
LOW RISK This is an order win, which generally reduces business risk by adding to the revenue pipeline.
💡 Investor Takeaway
Creative Newtech Limited secured an order from the Food Corporation of India (FCI) valued at Rs. 35.89 crore for smart warehousing across 150 depots. The project involves IoT, AI, and surveillance systems, with completion within 180 days and a three-year AMC.
⚖️ Strengths & Concerns

✅ Positives

  • Secured an order worth Rs. 35.89 crore from a government entity (FCI), indicating strong public sector engagement.
  • The project includes a three-year Annual Maintenance Contract (AMC) post-commissioning, providing recurring revenue.
📅 Company Track Record
No previous filings or specific historical financial data were found for Creative Newtech Limited in the provided context to establish a historical note.

Based on publicly available historical data. For context only.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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