Creative Newtech Limited has successfully concluded its 22nd Annual General Meeting, with shareholders approving all nine proposed resolutions. Key outcomes include a final dividend of Rs 0.50 per share, the adoption of financial statements, and the launch of the Creative ESOP Scheme 2026. Additionally, the company secured approval for Rs 750 crore in related party transactions with Secure Connection Ltd (Hong Kong) and finalized revised remuneration packages for its top leadership team.
Creative Newtech AGM Passes Dividend and ESOP Resolutions
Final Dividend of Rs 0.50 per share approved; Rs 750 Cr RPT limit authorized.
Reader Takeaway: Shareholders backed strategic expansion via new ESOPs and approved dividend payouts, maintaining continuity in management compensation.
What just happened
Creative Newtech Limited held its 22nd Annual General Meeting on September 30, 2026, via video conferencing. Shareholders voted to approve all nine resolutions listed on the agenda, including financial adoptions and strategic governance measures. The results were confirmed by scrutinizer Mr. Satyajit Mishra.
Why this matters
The meeting solidifies the company’s operational roadmap for the coming fiscal year. The approval of a Rs 750 crore limit for related party transactions with Hong Kong-based Secure Connection Ltd provides necessary flexibility for cross-border trade operations. Meanwhile, the ratification of the 'Creative Employee Stock Option Scheme 2026' signals the company's intent to incentivize talent across its holding and subsidiary entities.
Management Compensation
Special resolutions were successfully passed to revise remuneration packages for key leadership, including Chairman and Managing Director Ketan Patel, Whole-time Director Vijay Advani, and Chief Strategy Officer Purvi Ketan Patel. These revisions reflect the company's governance alignment with its current growth scale.
What to track next
Investors should monitor the implementation timeline of the 2026 ESOP scheme and the actual utilization of the Rs 750 crore related party transaction limit in upcoming quarterly disclosures. The dividend payout date will follow standard distribution timelines.