CREATIVE NEWTECH LIMITED — Capital/Financing Update 2024

Jan 4, 2024

Creative Newtech Limited CIN - L52392MH2004PLC148754

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Date: January 04, 2024

To, The Listing Compliance Department National Stock Exchange of India Limited,

Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

SYMBOL: CREATIVE

Dear Sir,

Sub: Outcome of Meeting of Board of Directors in accordance with Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations, 2015’), we wish to inform your good office that the Board of Directors of the Company at their meeting held today i.e., Thursday, January 04, 2024 at Registered office of the company and through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) at 10:30 AM, has, inter alia, considered and approved the following businesses:

• I. Preferential Issue of up to 57,325 Equity Shares of face value of INR 10/- each, for consideration other than cash i.e. Swap of Shares of Secure Connections Limited, a subsidiary of the Company incorporated under the Laws of Hong Kong, at an issue price of INR 785/- determined in accordance with the provisions of Chapter V of SEBI (ICDR) Regulations.

Details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular dated September 9, 2015 and July 13, 2023 with respect to the Preferential issue is enclosed as Annexure A .

• II. Approved the draft notice of Extra-Ordinary General Meeting to be held on Friday, February 02, 2024 at 10:00 A.M. (IST) through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) facility, to seek approval of members of the Company on the matters as mentioned in (I) above.

The relevant details will be submitted to the Exchange separately in due course of time.

Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: cs@creativenewtech.com | Website: www.creativenewtech.com

Creative Newtech Limited CIN - L52392MH2004PLC148754

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The meeting of the Board of Directors commenced at 10:30 AM & concluded at 11:30 AM.

You are requested to kindly take the same on your records.

Thanking you,

Yours faithfully,

For Creative Newtech Limited

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TEJAS Digitally signed by TEJAS NIRANJANBHAI DOSHI DN: c=IN, o=PERSONAL, title=7704,
pseudonym=2fce03b0664c41e4b41d511b3eb29f26,
NIRANJANBHAI 2.5.4.20=f171fb20112289ebe83cd73134ca2426c53ca3c7d9e4d7ea4f19b468a40f0286, postalCode=401101, st=Maharashtra,
serialNumber=ce415067c4d1da3010f3c89b39aa43a941e0d91cf2a
7a4c4981e1ff391dcb933, cn=TEJAS NIRANJANBHAI DOSHI
DOSHI Date: 2024.01.04 11:34:38 +05'30'
Tejas Doshi
Chief Compliance Officer and Company Secretary
ACS – 30828
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January 04, 2024, Mumbai

Encl: As above

Registered Office: 3[rd] & 4[th] Contact No.: +91 22 50612700 |

Email: cs@creativenewtech.com | Website: www.creativenewtech.com

Creative Newtech Limited

CIN - L52392MH2004PLC148754

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Annexure – A

S. No.	Particulars	Disclosures
**1. **	Type of securities proposed to be issued	Equity Shares of INR 10/- each
**2. **	Type of issuance	Preferential Issue
**3. **	Total number of securities proposed to be issued or total amount for which the securities will be issued	up to 57,325 Equity Shares of face value of INR 10/- each through Share Swap
**4. **	Name and number of the Investor(s)	1. Vithalbhai Devjibhai Patel
**5. **	Issue price	INR 785/- per Equity Share
**6. **	Tenure/ Conversion	N.A.
**7. **	Nature of Consideration (Whether cash or consideration other than cash)	Other than cash i.e. Swap of Shares of the Company with the shares ofSecure Connections Limited, a subsidiary of the Company incorporated under the Laws of Hong Kong held by Mr. Vithalbhai Devjibhai Patel

For Creative Newtech Limited

Digitally signed by TEJAS NIRANJANBHAI DOSHI TEJAS DN: c=IN, o=PERSONAL, title=7704, pseudonym=2fce03b0664c41e4b41d511b3eb29f26, 2.5.4.20=f171fb20112289ebe83cd73134ca2426c53ca3c7d9 NIRANJANBHAI e4d7ea4f19b468a40f0286, postalCode=401101, st=Maharashtra, serialNumber=ce415067c4d1da3010f3c89b39aa43a941e0d 91cf2a7a4c4981e1ff391dcb933, cn=TEJAS NIRANJANBHAI DOSHI DOSHI Date: 2024.01.04 11:34:55 +05'30'

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Tejas Doshi

Chief Compliance Officer and Company Secretary ACS – 30828

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January 04, 2024, Mumbai

Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: cs@creativenewtech.com | Website: www.creativenewtech.com