Creative Newtech to acquire 100% of Zicom SaaS Private Limited for ₹50.5 crore
Creative Newtech (CNL) said it has agreed a deal to acquire 100% of Zicom SaaS Private Limited for ₹50.5 crore. The company is valued at about ₹1,952 crore.
What happened
Creative Newtech (CNL) told the exchanges on 4 November 2026 at 12:35 PM that it has agreed a deal to acquire 100% of Zicom SaaS Private Limited for ₹50.5 crore.
From the filing: "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 Value) to strengthen its Surveillance and Managed Security Services Business'."
How big is it?
At ₹50.5 crore, the deal is equal to about 2.6% of the company's market value of ₹1,952 crore.
Company snapshot
Creative Newtech is a small-cap company, with a market value of about ₹1,952 crore.
The stock last traded at ₹1,300, against a 52-week range of ₹525–₹1,328 (2.1% below the high).
Before this filing the shares had moved +6.3% over the month and +15.9% over three months. Average daily turnover over the last 20 sessions was about ₹3.68 crore.
Promoters held 56.62% at the end of Q2 FY27. Foreign institutions owned 0.47% and domestic institutions 2.23%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 655 | 18.9 | 10.85 |
| Q3 FY26 | 912 | 23.4 | 13.52 |
| Q4 FY26 | 740 | 17.8 | 10.74 |
| Q1 FY27 | 476 | 13.5 | 8.23 |
| Q2 FY27 | 752 | 25.9 | 14.94 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Market-wide, 2,325 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 4 November 2026: Board meeting — Fund Raising/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Creative Newtech Wins Amazon Ads Global Peak Season Award
- Creative Newtech Limited Estimates – NSE:CNL
- Creative Newtech targets Rs 2,400 crore brand sales, 40% by FY29
- Creative Newtech Ltd (NSE:CNL) (Q2 2027) Earnings Call Highlights: Rs 3,195 Crore BSNL Order, ...
- Momentum Stocks: Indian Card Clothing, Shiva Texyarn, Creative Newtech gains up to 8% on sheer momentum
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.