Filter announcements
Loading...
Creative Newtech Ltd (Formerly known as Creative Peripherals and DistributionLimited) is a distribution and marketing partner of Global IT, Imaging and Lifestyle brands catering to their distribution requirements through its omni-channel presence.
Creative Newtech will acquire Infinova (India) for up to 33.2 Cr, marking a strategic shift. This deal adds a "Make in India" surveillance manufacturing platform and brand rights, transforming CNL from a distribution model to an integrated technology-led security solutions provider.
Creative Newtech's Board approved acquiring 100% of Infinova (India) for up to $4 million (approx. ₹33.2 Cr). This strategic move shifts CNL to an integrated, technology-led surveillance business with local manufacturing, strengthening its 'Make in India' platform.
Creative Newtech partners with Ravel Electronics as Master Distributor for fire safety solutions across India. This strategic move strengthens CNL's footprint in surveillance, security, and critical infrastructure, expanding market reach.
Creative Newtech ($CNL) launched WOZOYO, a new global affordable-premium consumer tech brand through its HK subsidiary. This strategic shift leverages CNL's expertise to capture a massive market opportunity (over US$213 billion), aiming for higher value creation and margin enhancement.
Creative Newtech Limited's stock symbol is changing to CNL. Previously, the company traded as CREATIVE. Investors, take note of this operational update.