Mumbai, Maharashtra, India, July 2026 — Creative Newtech Limited has appointed Ajit Thakur as its Chief Financial Officer (CFO) following his earlier appointment as Vice President at the company. In his new role, he will lead the organization’s finance function and support its next phase of growth, strategic value creation and shareholder returns. Creative Newtech is an NSE/BSE-listed company with an annual revenue scale of approximately ₹3,000 crore.
Ajit joined Creative Newtech Limited around eight months ago as Vice President before being elevated to the position of Chief Financial Officer. Prior to joining the company, he spent more than five years as Head of Finance at Mahindra & Mahindra Limited (Automotive and Farm Equipment Business), where he led key finance responsibilities for one of India’s largest automotive and farm equipment businesses.
Earlier, Ajit served as Head of Finance at Mahyco Group for around three years, strengthening his expertise in finance leadership within the agribusiness sector.
Before that, he spent more than five years as Senior Manager – Accounts & Finance at The Safal Group, where he managed key finance and accounting responsibilities across the organization.
Earlier in his career, Ajit worked for around one and a half years as Corporate Manager – Finance at Gitanjali Gems Ltd. after spending more than two years as Assistant Manager – Accounts at Time Technoplast Ltd., where he built a strong foundation in corporate finance and financial management.
About Creative Newtech Limited
Creative Newtech Limited was founded in 1992 and has evolved into one of India’s leading market-entry and PAN-India distribution specialists. From a two-person enterprise, the company has grown to employ more than 150 professionals, partnering with numerous global and domestic brands across the FMSG, FMCT, FMEG and Electronics & Battery (EB) segments.
The company has established a flexible and agile supply chain capable of responding to the rapidly evolving consumer electronics market. Through its nationwide distribution capabilities and long-standing brand partnerships, Creative Newtech continues to strengthen its position as a trusted distribution and market expansion partner for leading technology and consumer brands across India.
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