Creative Newtech Share Price Jumps Over 11%; Here's Why
Creative Newtech approved a budget of up to USD 4 million for the proposed 100 per cent acquisition of Infinova India to build a Make in India surveillance technology platform.
✨ Key Takeaways
On Monday, Indian equity benchmarks traded marginally higher, with the benchmark Nifty 50 index gaining 0.10 per cent to 24,231.95. Creative Newtech share price traded at Rs 942.90, up 11.26 per cent or Rs 95.40 from the previous close, after the company announced a proposed acquisition in the surveillance technology segment.
Creative Newtech Proposes 100 per cent Acquisition Of Infinova India
Creative Newtech announced that its Board of Directors approved the proposed acquisition of 100 per cent equity share capital of Infinova (India) Private Limited, part of the Infinova Global Group. The Board approved a budget of up to USD 4 million for the proposed transaction.
The proposed acquisition includes Infinova India's business operations, exclusive brand rights, technical assistance, existing experienced team and product assembly and manufacturing facility. The approved budget includes consideration payable to the Infinova Group at closing, transaction costs and professional fees and expenses related to the acquisition.
The transaction remains subject to satisfactory due diligence, necessary approvals and execution of definitive agreements.
Acquisition To Build Make In India Surveillance Platform
The proposed transaction is aimed at providing Creative Newtech with a foundation to progressively build its own Make in India surveillance technology platform, supported by local assembly and manufacturing capabilities, product ownership and after-sales support.
Infinova India has a local assembly and manufacturing facility in Pune and operates in electronic security and video surveillance solutions. Its portfolio covers high-definition smart IP cameras, specialised cameras, intelligent video management software, network video recorders, video analytics, artificial intelligence-based solutions and traffic management systems.
Its solutions have been deployed across smart cities, metro projects, airports, Defence establishments, oil and gas facilities, power plants and other high-security environments. Project references disclosed by the company include Mumbai Safe City, Nagpur Smart City, more than 61 airports across India, Bangalore Metro, IOCL, BPCL, HPCL, ONGC and NTPC.
Company To Shift Towards Technology-Led Business Model
The proposed acquisition is expected to support Creative Newtech's transition from a primarily distribution-led model towards a more integrated, technology-led surveillance business platform.
The transaction will provide access to Infinova India's assembly and manufacturing capabilities, India-focused brand rights, experienced team, supplier relationships, OEM manufacturing partnerships and service network.
Creative Newtech is also developing a portfolio of surveillance products intended to be BIS and STQC compliant and aligned with the Make in India and Sell Global initiatives.
Surveillance Market Estimated To Reach USD 12.25 Billion By 2030
According to the company's media release, India's video surveillance and security solutions market was estimated at approximately USD 4.8 billion in 2025 and is projected to reach around USD 12.25 billion by 2030, reflecting a CAGR of approximately 20-21 per cent.
The company stated that growth in the sector is being supported by public safety, infrastructure development, urban security and transport investments. Government-led deployments have resulted in the installation of over 76,000 surveillance cameras across more than 100 cities.
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Management Commentary
Commenting on the proposed acquisition, Ketan Patel, Chairman and Managing Director of Creative Newtech Limited, said, “This proposed acquisition will be a significant milestone in our journey of building a strong and future-ready surveillance platform with a clear focus on Make in India.”
He further added, “With Infinova India, we are now moving towards building our own brand, along with technology ownership and manufacturing capability, which is a critical step forward for us.”
About Creative Newtech
Creative Newtech Limited, established in 1992, operates in India's information and communication technology distribution market. The company has an omni-channel network across online, offline and retail trade and specialises in market entry and penetration services for global brands.
The company is associated with over 20 global brands and provides services covering market research, import, distribution, sales, servicing and marketing strategy execution.
What are your thoughts on Creative Newtech's proposed acquisition of Infinova India? Share your views in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.
