Creative Newtech to Acquire Infinova India for $4 Million

The Mumbai-based distribution firm marks a strategic shift into manufacturing with the acquisition of the surveillance technology provider.

MUMBAI — Creative Newtech Limited, a prominent technology distribution company, announced on Monday, July 13, 2026, that its Board of Directors has approved the acquisition of 100% of the equity share capital of Infinova (India) Private Limited. The deal, valued at up to $4 million (approximately ₹33.5 crore), signifies a major pivot for Creative Newtech as it transitions from a distribution-led model to an integrated, technology-led surveillance platform.

The proposed acquisition includes Infinova’s comprehensive business operations in India, encompassing exclusive brand rights, technical expertise, an experienced workforce, and a dedicated product assembly and manufacturing facility.

Advancing ‘Make in India’ Capabilities

The acquisition is intended to provide Creative Newtech with the necessary infrastructure to build a robust, localized surveillance technology platform. By integrating Infinova’s existing assembly and manufacturing capabilities, the firm aims to bolster its position within the domestic security market and move toward indigenous product ownership.

"This acquisition is expected to provide Creative Newtech with a strong foundation to progressively build its own Make in India surveillance technology platform, supported by local assembly and manufacturing capability, product ownership and stronger after-sales support," the company stated in a regulatory filing to the National Stock Exchange of India (NSE).

The transition is designed to move the company beyond its traditional role as a distributor, allowing it to offer end-to-end security solutions with enhanced after-sales support. By taking ownership of the brand and manufacturing process, Creative Newtech aims to capture a larger share of the value chain in the rapidly growing Indian surveillance sector.

Financial and Operational Scope

The $4 million budget approved by the board covers the total consideration payable to the Infinova Global Group at closing, as well as transaction-related costs, professional fees, and other expenses incurred during the integration process.

According to the official announcement, the completion of the transaction is currently subject to satisfactory due diligence, the execution of definitive agreements, and necessary regulatory approvals. The company has committed to providing further updates to stock exchanges and stakeholders once the transaction is finalized.

Strategic Impact on the Surveillance Industry

The surveillance technology market in India has seen increased demand driven by infrastructure development and rising security awareness across both public and private sectors. For Creative Newtech, this acquisition allows it to leverage Infinova’s established reputation and technical assets to compete more effectively against global players while aligning with the government's "Make in India" initiative.

The acquisition of a manufacturing facility is particularly significant for investors, as it indicates a move toward higher-margin operations. By shifting toward an integrated platform model, the company aims to reduce its reliance on third-party products and strengthen its control over product quality and supply chain resilience.

Official Sources

The company formally notified the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

"According to officials," the move is a definitive step in the company’s evolution toward a technology-led business model. The Board of Directors reached the decision during a meeting held at 11:00 a.m. on July 13, 2026, at the company's corporate headquarters.

Why It Matters

This development is important for market participants and industry followers because it highlights the growing trend of distributors moving into proprietary manufacturing. As supply chains become increasingly fragmented, having local assembly and product ownership provides a competitive advantage in pricing and lead times. For stakeholders of Creative Newtech, this move represents a long-term investment in domestic capabilities that could redefine the company's role in the security and surveillance ecosystem.

Key Facts at a Glance

• Acquisition Value: Up to $4 million USD.

• Target: 100% equity stake in Infinova (India) Private Limited.

• Strategic Pivot: Transition from distribution-led model to an integrated surveillance business platform.

• Key Assets: Includes exclusive brand rights, technical assistance, an experienced team, and manufacturing/assembly facilities.

FAQ

What does the Creative Newtech acquisition include? The acquisition includes Infinova’s business operations in India, exclusive brand rights, technical expertise, an experienced workforce, and local manufacturing/assembly facilities.

Why is Creative Newtech acquiring Infinova? The acquisition is intended to help the company build its own "Make in India" surveillance platform, moving from a distribution-based model to a more integrated, technology-led surveillance business.

Is the deal finalized? No; the acquisition is currently subject to satisfactory due diligence, the execution of definitive agreements, and necessary regulatory approvals.

Source: Creative Newtech NSE Disclosure, SEBI Listing Regulations