CNLNSECreative Newtech LimitedHighPositive
Announced Tue, 26 Aug · 12:10 IST

Creative Newtech Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Sep-2025.

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Creative Newtech's board met on 26 August 2025 and approved several items. The company has set 23 September 2025 as the record date to determine shareholders entitled to receive the dividend and participate in the 21st Annual General Meeting (AGM), which will be held on 30 September 2025 via video conferencing. The board also approved increasing the company's borrowing limit up to Rs. 750 crore and creating charges on assets up to the same amount, both subject to shareholder approval at the AGM. Additionally, Mrs. Purvi Patel, co-founder of the company, was appointed as President – Strategy & Sustainability with immediate effect.

Likely market impact

The record date confirmation signals a forthcoming dividend payout for eligible shareholders, while the proposed Rs. 750 crore borrowing limit suggests plans for capacity expansion or working capital needs. Shareholders should watch for the dividend amount announcement ahead of the 30 September AGM.