Creative Newtech Files Addendum to ₹35.89 Crore FCI Smart Warehousing Order Disclosure

3 min read     Updated on 14 May 2026, 07:16 AM
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Creative Newtech Limited filed a revised Regulation 30 disclosure on 13th May 2026 after BSE sought additional details on its ₹35.89 crore FCI Smart Warehousing order across 150 depots. The addendum confirms no change in order value, scope, or timeline, with final commissioning within 180 days and three years of AMC support, clarifying the original omission was unintentional.

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Creative Newtech Limited has filed an addendum and revised disclosure dated 13th May 2026 with the National Stock Exchange of India Limited and BSE Limited, providing additional details in the prescribed format under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The addendum pertains to the company's earlier corporate announcement dated 12th May 2026, which disclosed an order worth ₹35.89 crore secured from the Food Corporation of India (FCI) for the FCI Smart Warehousing Project spanning 150 depots across India. The company clarified that the omission of the prescribed format details in the original filing was purely unintentional and that there is no change in the value, scope, nature, timeline, or other material terms of the order.

Background and Reason for Addendum

The addendum was submitted following a communication received from BSE Limited seeking additional details in respect of the original corporate announcement. Creative Newtech stated that the original announcement had provided broad details of the project, including the order value, scope of deployment, number of depots covered, project implementation timeline, and strategic importance. The revised disclosure now includes the complete order details in the format prescribed under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company also noted that going forward, it will take due care to ensure all applicable details are included in the prescribed format at the time of filing such disclosures.

Order Details — Regulation 30 Prescribed Format

The following table presents the complete order details as submitted by Creative Newtech in Annexure A of the addendum:

Parameter: Details
Awarding Entity: Food Corporation of India
Order Value: ₹35.89 crore
Nature of Order: Implementation and deployment of smart warehousing, surveillance, IoT, AI-based monitoring and related technology infrastructure for FCI depots
Domestic / International: Domestic
Number of Depots: 150 depots across India
Execution Phases: Two phases of 75 sites each
Final Commissioning: Within 180 days
AMC Support: Three years thereafter
Related Party Transaction: No
Promoter Interest in FCI: No

Project Scope and Technology Deployment

The scope of the FCI Smart Warehousing Project involves the deployment of surveillance and AI-based smart warehousing infrastructure across FCI depots nationwide. The key components include:

  • Sensor modules for real-time monitoring
  • Bag counting systems to improve inventory accuracy
  • Boom barriers for access control
  • Gateway infrastructure for connectivity
  • Software platforms for centralized management
  • Surveillance and AI systems for intelligent monitoring
  • Intelligent monitoring systems for enhanced operational visibility

The project will be executed through Creative Newtech's strategic partnership with a system integrator, leveraging the company's implementation strength and deployment experience across its 31 offices and warehouses, enabling a coordinated rollout across all 150 depots.

Management Commentary

Commenting on the order, Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech Limited, stated:

"A project across 150 FCI depots is a large responsibility, especially because it supports an important part of India's food storage network. For Creative Newtech, this is a proud moment because it allows us to bring our technology experience into a system that plays an important role in India's food supply chain. Our focus is to ensure a dependable, coordinated, and practical rollout across every site. We believe Creative Newtech can add strong value by combining planning, deployment capability, and on-ground execution, also opens a wider path for future FCI, government, PSU, smart infrastructure, logistics digitization, and mutually agreed international opportunities. For us, this is a strong step towards larger public infrastructure technology projects."

Strategic Significance

This order strengthens Creative Newtech's position in government-led digital infrastructure and smart technology deployment. The engagement expands the company's presence in surveillance, AI, and intelligent warehousing solutions—areas increasingly relevant across logistics, public infrastructure, and institutional storage systems. The project forms part of the Government of India's supply chain modernization initiative and aims to upgrade India's food storage infrastructure through IoT-based systems, intelligent monitoring, and advanced smart warehouse-level technology solutions.

About Creative Newtech Limited

Established in 1992, Creative Newtech Limited is a well-established company in India's Information and Communication Technology distribution market. The company operates an omni-channel network across online, offline, and retail trade channels and specializes in market entry and penetration for global brands. Creative Newtech is associated with over 20 renowned brands globally, offering end-to-end solutions spanning market research, import, distribution, sales, servicing, and marketing strategy execution. The company is headquartered at Kandivali West, Mumbai.


Source: Company/INE985W01018/Addendum dated 13th May 2026

Historical Stock Returns for Creative Newtech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%+8.88%+10.09%-1.78%-7.89%+621.81%

Could the successful execution of the FCI Smart Warehousing Project position Creative Newtech to win larger-scale government contracts, and which PSUs or ministries might be the next potential clients?

How might Creative Newtech's revenue and margin profile evolve over the three-year AMC support period following project commissioning, given the recurring nature of such contracts?

Will Creative Newtech's system integrator partnership for this project lead to a more formalized joint venture or strategic alliance targeting future government smart infrastructure tenders?

Creative Newtech Limited Schedules Q4FY26 Earnings Conference Call for May 15, 2026

1 min read     Updated on 12 May 2026, 04:40 AM
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Creative Newtech Limited has announced an Earnings Conference Call on May 15, 2026, at 12:00 pm to discuss financial results for the quarter and year ended March 31, 2026, filed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The call, accessible via dial-in numbers +91 22 6280 1437 and +91 22 7115 8825, will cover the company's performance and future outlook followed by a Q&A session, with the transcript and audio recording to be subsequently filed with the stock exchanges.

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Creative Newtech Limited has announced an Earnings Conference Call to discuss its financial results for the quarter and year ended March 31, 2026. The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both the National Stock Exchange of India Limited and BSE Limited on May 11, 2026.

Conference Call Details

The earnings call is scheduled to provide investors and analysts with an opportunity to engage directly with the company's management regarding its Q4FY26 performance. The key details of the call are outlined below:

Parameter: Details
Date: May 15, 2026
Time: 12:00 pm
Dial-in Numbers: +91 22 6280 1437 / +91 22 7115 8825

Agenda and Post-Call Disclosures

The management of Creative Newtech will participate in the call to discuss the company's performance and future outlook, followed by a question-and-answer session. A pre-registration link has been made available for participants wishing to join the call. Following the conclusion of the conference call, the transcript and audio recording will be made available on the company's official website and subsequently filed with the stock exchanges.

The intimation was signed by Tejas Doshi, Chief Compliance Officer and Company Secretary (ACS – 30828), on behalf of Creative Newtech Limited.

Historical Stock Returns for Creative Newtech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%+8.88%+10.09%-1.78%-7.89%+621.81%

How has Creative Newtech's revenue and margin trajectory evolved over FY26, and what growth guidance might management provide for FY27?

What strategic initiatives or new product categories is Creative Newtech likely to highlight as key growth drivers in the upcoming earnings call?

How might macroeconomic factors such as INR depreciation and global supply chain disruptions impact Creative Newtech's distribution business in FY27?

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1 Year Returns:-7.89%