Creative Newtech Appoints Ajit Thakur as Chief Financial Officer
Creative Newtech Limited has appointed Mr. Ajit Thakur as its new Chief Financial Officer and Key Managerial Personnel, effective May 14, 2026. He replaces Mr. Abhijit Kanvinde. Mr. Thakur brings over 17 years of experience in finance and strategic planning.
The appointment of a Chief Financial Officer is a significant role that can influence the company's financial strategy and performance. However, it is a standard management change and not an extraordinary event.
The appointment of a new CFO is a routine management change and does not inherently present a positive or negative development for the company.
Creative Newtech Limited announced the appointment of Mr. Ajit Thakur as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. This appointment is effective from 14th May 2026.
Mr. Thakur replaces Mr. Abhijit Kanvinde, who resigned from the CFO position on 14th April 2026. The decision to appoint Mr. Thakur was based on the recommendation of the Audit Committee and the Nomination and Remuneration Committee, and was approved by the Board of Directors at their meeting held on Thursday, 14th May 2026.
The Board meeting commenced at 11:30 AM and concluded at 04:30 PM on the same day. Mr. Ajit Thakur is a qualified Chartered Accountant with over 17 years of extensive experience in finance, accounts, strategic planning, fund raising, taxation, treasury, risk management, IPO readiness, and business transformation. He has held leadership roles in various industries and with reputed organizations such as Mahindra & Mahindra Ltd., Mahyco Group, and Time Technoplast Ltd. His qualifications include a B.Com degree, CA Final from ICAI, an Executive Program in Strategy in International Business from IIFT, and a PGPCFO from IIM Indore. Mr. Thakur has no disclosed relationship with any of the directors or KMPs of Creative Newtech Limited.
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Creative Newtech Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Creative Newtech Limited. Read the original for the full detail.