Meeting Details

The 22nd Annual General Meeting was held on Wednesday, 30th September 2026. The meeting commenced at 11:00 A.M. and concluded at 12:02 P.M. It was conducted entirely through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in compliance with the provisions of the Companies Act, 2013, SEBI Listing Regulations, and relevant circulars from the MCA and SEBI.

Proposed Resolutions and Implications

The AGM agenda contained nine resolutions for shareholder approval:

Ordinary Business:

1. Adoption of Financial Statements: An Ordinary Resolution to receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March 2026, along with the reports of the Board of Directors and Auditors.

2. Declaration of Final Dividend: An Ordinary Resolution to declare a final dividend.

3. Re-appointment of Director: An Ordinary Resolution for the re-appointment of Mr. Ketan Patel (DIN: 00127633) as a Director liable to retire by rotation.

Special Business:

4. Related Party Transactions: An Ordinary Resolution seeking approval for Related Party Transactions.

5. ESOP Scheme Implementation: A Special Resolution for the approval and implementation of the Creative Employee Stock Option Scheme 2026.

6. ESOP Scheme Extension: A Special Resolution to approve the extension of the benefits of the Creative ESOP Scheme 2026 to eligible employees of the company's group companies, including holding, subsidiary, and associate companies.

7. Remuneration Revision: A Special Resolution for the revision of remuneration of Mr. Ketan Patel (DIN: 00127633), Chairman and Managing Director.

8. Remuneration Revision: A Special Resolution for the revision of remuneration of Mr. Vijay Advani (DIN: 02009626), Whole-time Director.

9. Remuneration Revision: A Special Resolution for the revision of remuneration of Mrs. Purvi Ketan Patel, Chief Strategy Officer.

Voting Process

The company provided a remote e-voting facility for shareholders. M/s. Satyajit Mishra & Co., Practising Company Secretaries, were appointed as the Scrutinizer for the AGM. The document states that the detailed voting results in the format prescribed under Regulation 44 of the SEBI LODR would be filed with the stock exchanges (BSE and NSE) separately and also made available on the company's website (www.creativenewtech.com).

Key Attendees

Directors Present:

  • Mr. Ketan Chhaganlal Patel (Chairman and Managing Director)
  • Mr. Vijay Kimatrai Advani (Whole-time Director)
  • Mr. Mihir Mahendra Shah (Independent Director)
  • Mr. Kurian Pallathuseril Chandy (Independent Director)
  • Mr. Suresh Bhagavatula (Independent Director)
  • Ms. Prachi Kamlesh Jain (Independent Director)

Key Managerial Personnel Present:

  • Mr. Tejas Doshi (Chief Compliance Officer & Company Secretary)
  • Mr. Ajit Kumar Thakur (Chief Financial Officer)
  • Mrs. Purvi Patel (Co-founder & Chief Strategy Officer)

Auditors Present:

  • Mr. Nikul Jalan (Statutory Auditor)
  • Mr. Vipul Somaiya (Internal Auditor)
  • Mr. Satyajit Mishra (Secretarial Auditor and AGM Scrutinizer)

A total of 67 shareholders attended the meeting through video conferencing.

Proceedings and Discussions

Mr. Ketan Patel, Chairman and Managing Director, chaired the meeting. The Chairman highlighted the company's performance during FY 2025-26, developments across business verticals, expansion into new technology areas, operational growth, and its recent listing on the BSE Main Board. Mr. Ajit Kumar Thakur, CFO, presented a brief overview of the financial performance for FY 2025-26, covering revenue, profitability, EBITDA, earnings per share, assets, equity, debt, and working capital position. A question-and-answer session was held where registered shareholder speakers raised questions and shared views.

Compliance Confirmation

The proceedings confirm that the meeting was conducted in compliance with the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Scrutinizer was appointed to oversee the voting process.