Clio Infotech Ltd

Key Decisions

• Remuneration for Non-Executive Director and Chairman Ashwini Kumar Pareek approved subject to AGM shareholder approval.
• AGM scheduled for 26 September 2026 at 12:00 IST via VC/OAVM; Notice to be issued.

Appointments/Resignations

• Ms. Shubhangi Agarwal appointed Scrutinizer for the 34th AGM, including remote e-voting.

Deviation details

• Mode of fund raising: preferential issue.
• Amount raised and dates disclosed; figures not repeated.
• Deviation in use of funds: Yes; approved by shareholders.
• Shareholder approval: obtained per filing; no date provided here.
• Nature of deviation: original allocations altered to modified allocations; involves project funding and corporate purposes.
• Audit Committee comments: None.
• Auditors' comments: None.
• Monitoring agency: Not applicable.
• Utilisation status: Partly utilised; some funds remaining unutilised.

Board outcome

• Board approved standalone and consolidated unaudited results for quarter ended 30 June 2026, with limited review report.
• Trading window closed from 1 July 2026 for 48 hours after results declaration.
• Board meeting held on 6 August 2026 from 6:30 PM to 7:00 PM.

Meeting Details

• Meeting date: 6 August 2026.
• Time and venue not disclosed.

Key Agenda Items

• Consider and approve consolidated and standalone unaudited results for quarter ended 30 June 2026.
• Any other item with the chair's permission.

Other Notes

• Trading window closed from 01 July 2026 until 48 hours after results declaration.

Certificate status

• Certificate from RTA Skyline Financial Services enclosed for quarter ended 30 June 2026 under Reg 74(5).

Resolution: capital increase

• Type and purpose: Ordinary resolution to increase Authorised Capital to Rs 100 crore.
• Key terms: MOA Clause V amended accordingly to reflect Rs 100 crore.
• Underlying reason: to accommodate future preferential issue.
• Promoter/director interest: none beyond shareholding.
• Board actions: directors authorized to sign documents and file with authorities.
• EGM date: 24 July 2026.

Corporate Actions

• Increased Authorized Share Capital from Rs 12,00,00,000 to Rs 100,00,00,000, subject to member approval.
• Capital to be divided into 10,00,00,000 equity shares of Rs 10 each.
• Annexure A provides SEBI disclosure for preferential issue.

EGM Scheduling & Approvals

• EGM scheduled for 24 July 2026 at 12:00 PM IST via VC/OAVM.
• Directors authorized to issue Notice of EGM.

Appointments/Resignations

• Ms Shubhangi Agarwal appointed as Scrutinizer for EGM voting process.

Acquisition overview

• Target: Clio Tech Limited (Seychelles), IT services, software design and related services.
• Size: No turnover yet; incorporated 16 March 2026; early-stage operations.
• Related party: Yes; promoter group has no interest; transaction at arm’s length.
• Industry: IT Services.
• Rationale: Acquire 100% stake to expand software development and IT services footprint.
• Regulatory approvals: None required.
• Timeline: Within 12 months.
• Consideration: Cash; aggregate investment about Rs 87 crore.
• Funding to date: Rs 21.43 crore for 22,30,000 equity shares; balance to follow in tranches.
• Shareholding: 100% of Clio Tech Limited to be subscribed.
• Background: Incorporated 16 March 2026; not yet commercial; no turnover; Seychelles presence.