Creative Newtech to acquire Infinova India for up to $4 million

What Creative Newtech announced

On 13 July 2026, the Board of Directors of Creative Newtech Limited (CIN L52392MH2004PLC148754) met at 11:00 a.m. and approved the proposed acquisition of 100 % of the equity share capital of Infinova (India) Private Limited, a Pune‑based company in the electronic security and video‑surveillance space. The board authorised a budget of up to USD 4 million for the transaction, which includes the purchase consideration payable to the Infinova Group, acquisition‑related transaction costs and professional fees.

"The proposed acquisition will provide Creative Newtech with a strong foundation to progressively build its own Make‑in‑India surveillance technology platform," the board’s resolution reads.

The announcement was filed with the NSE and BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Acquisition details

• Target: Infinova (India) Private Limited ("Infinova India"). The company is engaged in assembly, manufacturing, supply, integration, servicing and support of electronic security and video‑surveillance products and solutions. It operates a manufacturing facility in Pune and holds an established customer, service and supplier network.
• Deal structure: Purchase of 100 % of the equity share capital. The exact purchase price is not disclosed; the board has only capped the overall budget at USD 4 million.
• Funding: The budget covers the consideration payable at closing, transaction costs and professional fees. No external financing or share issuance has been announced.
• Related‑party status: The acquisition does not fall within the related‑party transaction framework. Neither the promoters nor any promoter group of Creative Newtech hold an interest in Infinova India or its shareholders, apart from the contemplated transaction.
• Conditions precedent: Completion is subject to satisfactory due‑diligence, receipt of all necessary regulatory approvals and execution of definitive agreements. The company will update the exchanges with final closing details and accurate transaction numbers once the deal is finalised.

Strategic rationale

Creative Newtech currently operates a distribution‑led model for surveillance solutions. By acquiring Infinova India, the company aims to:

1. Secure local manufacturing – the Pune facility will enable in‑house assembly and production, reducing reliance on imports and aligning with the Indian government's "Make in India" push.
2. Obtain exclusive brand rights – the Infinova brand will be used exclusively in India, providing a differentiated market identity.
3. Leverage an experienced team – the existing technical and sales workforce will accelerate product development and after‑sales support.
4. Expand the service ecosystem – existing customer relationships, supplier and OEM linkages, and project references will broaden Creative Newtech’s order book.
5. Transition to a technology‑led platform – the acquisition supports a strategic shift from pure distribution to an integrated solution provider, potentially improving margins and recurring revenue streams.

Key facts at a glance

Why this matters for investors

The acquisition, if completed, will materially change Creative Newtech’s business model. By bringing manufacturing and brand ownership in‑house, the company reduces dependence on third‑party distributors and can capture higher value from the supply chain. The budget of USD 4 million is modest relative to typical Indian manufacturing deals, suggesting limited immediate dilution risk. However, the transaction is still contingent on due‑diligence and regulatory clearances; until closing, the exact financial outlay and impact on cash balances remain uncertain. Investors should monitor subsequent filings for the definitive agreement, final purchase price and any financing arrangements that may be required.

Conclusion

Creative Newtech’s board has cleared a USD 4 million budget to acquire Infinova India, a move designed to create a domestic surveillance technology platform and shift the firm toward a technology‑led, integrated business model. The deal is non‑related‑party, subject to standard closing conditions, and will be reported in detail once definitive agreements are signed and approvals obtained. Until then, the transaction remains a strategic intent with potential upside for the company’s operational capabilities and market positioning.