Creative Newtech Limited — Important, 03-01-2025: Updates

The Share Allotment Committee of Directors of Creative Newtech Limited has approved the allotment of 5,00,000 equity shares following the conversion of Fully Convertible Warrants (Warrants). These shares were issued at an issue price of Rs. 450 each and will increase the company's paid-up equity share capital to Rs. 14.74 crore, comprising a total of 1,47,41,675 equity shares of face value Rs. 10 each. Notably, Mr. Ketan Chhaganlal Patel was the sole allotee for this conversion. Shareholders should observe this development as it reflects the company's capital structure adjustments, which could impact shareholder value and liquidity.