Meeting Details

  • Meeting Type: Twenty Second Annual General Meeting (AGM)
  • Meeting Date: Wednesday, 30th September 2026
  • Meeting Time: 11:00 a.m. (IST)
  • Meeting Venue: Online through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at 3rd & 4th floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067

Proposed Resolutions and Implications

Ordinary Business:

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

2. Declaration of Final Dividend: To declare a final dividend at the rate of Re. 0.50 (Fifty Paise only) per equity share of Rs. 10 each fully paid-up for FY 2025-26, amounting to 5% on face value, payable out of profits.

3. Re-appointment of Director: To appoint Ketan Patel (DIN: 00127633), Chairman and Managing Director, who retires by rotation and offers himself for re-appointment.

Special Business:

4. Approval for Related Party Transactions: To approve transactions with Secure Connection Limited (Hong Kong), a subsidiary, for trading of electronics goods up to a maximum aggregate value of Rs. 7,50,00,00,000 (Rupees Seven Hundred and Fifty Crores) for FY 2026-27.

5. Implementation of Creative ESOP Scheme 2026: To create, offer, issue and allot up to 2,00,000 Employee Stock Options (approximately 1.33% of issued paid-up capital) to eligible employees, excluding promoters, promoter group, independent directors, and directors holding more than 10% equity shares.

6. Extension of ESOP Benefits to Group Companies: To extend ESOP Scheme benefits to eligible employees of group companies including holding, subsidiary and associate companies, within the overall ceiling of 2,00,000 options.

7. Revision of Remuneration of Mr. Ketan Patel: To revise remuneration of Mr. Ketan Patel (DIN: 00127633), Chairman and Managing Director, for FY 2026-27 with total CTC of Rs. 158.23 Lakhs (Basic: Rs. 42.32 Lakhs, HRA: Rs. 21.16 Lakhs, Special Allowance: Rs. 57.24 Lakhs, Education Allowance: Rs. 0.19 Lakhs, Performance Bonus: Rs. 35.00 Lakhs, and other benefits: Rs. 2.32 Lakhs).

8. Revision of Remuneration of Mr. Vijay Advani: To revise remuneration of Mr. Vijay Advani (DIN: 02009626), Whole-time Director, for FY 2026-27 with total CTC of Rs. 81.48 Lakhs (Basic: Rs. 21.06 Lakhs, HRA: Rs. 10.53 Lakhs, Special Allowance: Rs. 28.40 Lakhs, Education Allowance: Rs. 0.19 Lakhs, Performance Bonus: Rs. 20.00 Lakhs, and other benefits: Rs. 1.30 Lakhs).

9. Revision of Remuneration of Mrs. Purvi Ketan Patel: To approve continuation of Mrs. Purvi Ketan Patel, Chief Strategy Officer (related party as spouse of MD), and payment of remuneration for FY 2026-27 with total CTC of Rs. 115.10 Lakhs (Basic: Rs. 27.47 Lakhs, HRA: Rs. 13.74 Lakhs, Special Allowance: Rs. 37.09 Lakhs, Education Allowance: Rs. 0.19 Lakhs, Performance Bonus: Rs. 35.00 Lakhs, and other benefits: Rs. 1.61 Lakhs).

Voting Process and Methods

  • E-voting Period: Commences on Sunday, 27th September 2026 at 09:00 AM and ends on Tuesday, 29th September 2026 at 05:00 PM
  • Cut-off Date for Eligibility: Wednesday, 23rd September 2026
  • Record Date for Dividend: Wednesday, 23rd September 2026
  • E-voting Service Provider: Bigshare Services Private Limited
  • Voting Methods: Remote e-voting available through:
  • CDSL demat account holders: https://web.cdslindia.com/myeasitoken/home/login or https://evoting.cdslindia.com/Evoting/EvotingLogin
  • NSDL demat account holders: https://eservices.nsdl.com or https://www.evoting.nsdl.com/
  • Physical shareholders and others: https://ivote.bigshareonline.com
  • Meeting Attendance: Members can join the AGM through VC/OAVM at https://ivote.bigshareonline.com using e-voting credentials

Key Voting Outcomes and Scrutinizer Details

  • Scrutinizer: M/s Satyajit Mishra & Co., Practising Company Secretary (Membership No. FCS 5759, CP No. 4997)
  • Scrutinizer Email: cs.smishra@gmail.com (with copy to cs@creativenewtech.com)
  • Scrutinizer Process: Will count votes cast at meeting in presence of two witnesses not employed by company and submit report to Chairman within 48 hours of meeting conclusion
  • Result Declaration: Voting results along with Scrutinizer's Report will be submitted to NSE and BSE within two working days from AGM conclusion and placed on company website

Compliance with Laws and Regulations

The notice confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and rules thereunder
  • SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • Secretarial Standard-2 issued by ICSI
  • MCA circulars regarding virtual meetings

Additional Financial and Procedural Information

  • Financial Performance: For FY 2025-26, the Company reported Standalone Revenue from Operations of Rs. 2,551.16 Crores, Total Income of Rs. 2,568.90 Crores, Profit Before Tax of Rs. 45.82 Crores and Profit After Tax of Rs. 34.35 Crores.
  • Dividend Payment: Will be paid within 30 days from declaration to members on record date using electronic payment modes
  • Unclaimed Dividend: Dividends unclaimed for 7 years will be transferred to Investor Education and Protection Fund (IEPF)
  • Share Transfer: Securities transfer requests shall not be processed from 1st April 2019 unless held in dematerialized form
  • Document Availability: Notice and Annual Report available on company website (www.creativenewtech.com), NSE (www.nseindia.com), BSE (www.bseindia.com) and RTA website (www.bigshareonline.com)