Creative Newtech LimitedCNLNSE
Approves acquisition of 100% stake in Zicom SaaS Private Limited for approximately Rs. 50.50 Crore…
As filed · Creative Newtech Limited has informed the Exchange regarding 'Creative Newtech Limited approves acquisition of 100% stake in Zicom SaaS Private Limited for approximately Rs. 50.50 Crore (Enterprise Va
M&AMajormateriality 82 out of 100
What happened
FactCreative Newtech Limited approves acquisition of 100% stake in Zicom SaaS Private Limited for approximately Rs. 50.50 Crore (Enterprise Value) to strengthen its Surveillance and Managed Security Services Business'. 2026, has approved the acquisition of 100% of the equity share capital of Zicom. SaaS Private Limited for a total consideration of approximately Rs. 50.50 Crore.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
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Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
Evidence
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%