Clio Infotech Ltd (530839)

Clio Infotech submitted its quarterly Statement of Deviation under Regulation 32 for the quarter ended September 30, 2026. The company confirmed zero deviation or variation in the utilization of proceeds raised via its preferential issue. Total funds raised stand at Rs 21,75,00,000 via allotment of 8,70,00,000 warrants convertible into equity shares. During the quarter, the remaining unutilized amount of Rs 3,17,145 as of June 30, 2026, was fully utilized for general corporate purposes.

• Nil deviation or variation reported in the utilization of preferential issue proceeds for Q2 FY27 (quarter ended September 30, 2026)
• Total amount raised via preferential issue was Rs 21,75,00,000 via allotment of 8,70,00,000 convertible warrants
• Remaining unutilized amount of Rs 3,17,145 as of June 30, 2026, was utilized during the quarter for general corporate purposes
• No warrant conversions took place during the reporting quarter ended September 30, 2026

Clio Infotech's Board of Directors has approved an investment of approximately £1,000 (around ₹1.1 lakh) to subscribe to 100% equity share capital of a UK-based company, Clio Quantinfra Limited. The investee entity is currently in the incorporation stage and will become a wholly owned subsidiary post-incorporation. The target will operate in software design, development, and IT infrastructure services. Given the negligible capital outlay relative to Clio Infotech's ₹14 Cr market cap and ₹3 Cr TTM revenue, the financial impact is minimal initially.

• Proposed investment of £1,000 to subscribe to 1,000 equity shares of Clio Quantinfra Limited
• Acquisition will result in 100% shareholding, making it a wholly owned subsidiary
• Target is in the incorporation stage in the UK with no past financial track record
• Transaction is proposed as an arm's length cash consideration to be completed within 12 months

Clio Infotech Limited has submitted the scrutinizer's report for its 34th Annual General Meeting held on September 26, 2026. All three proposed resolutions were passed with overwhelming approval (>99.98% votes in favor). The resolutions included adoption of FY26 financial statements, the re-appointment of Managing Director Nikita Tiwadi, and approval of remuneration for Non-Executive Director and Chairman Ashwini Kumar Pareek. A total of 10,65,708 votes were cast on Resolution 1 via remote e-voting, with only 30 votes opposing.

• Adoption of FY26 audited financial statements passed with 10,65,708 votes in favor (99.9972%) and 30 against (0.0028%).
• Re-appointment of Director Nikita Tiwadi passed with 10,65,608 votes in favor (99.9878%) and 130 against (0.0122%).
• Special resolution approving remuneration for Chairman Ashwini Kumar Pareek passed with 99.9878% votes in favor.
• Remote e-voting was active from September 23, 2026 to September 25, 2026 based on a cut-off date of September 19, 2026.

Clio Infotech held its Board meeting on August 22, 2026, approving the remuneration for Mr. Ashwini Kumar Pareek, Non-Executive Director and Chairman, subject to shareholder approval. The company's 34th Annual General Meeting (AGM) has been scheduled for September 26, 2026, at 12:00 PM IST via Video Conferencing. Additionally, Ms. Shubhangi Agarwal was appointed as the Scrutinizer for the AGM voting process. The board meeting lasted 30 minutes, concluding at 5:30 PM.

• 34th Annual General Meeting scheduled for Saturday, September 26, 2026, at 12:00 PM IST via VC/OAVM
• Approved payment of remuneration to Non-Executive Director & Chairman Mr. Ashwini Kumar Pareek subject to AGM approval
• Appointed Practicing Company Secretary Ms. Shubhangi Agarwal as the voting Scrutinizer
• Board meeting commenced at 5:00 PM and concluded at 5:30 PM on August 22, 2026

Clio Infotech has reported the utilization of Rs 21.75 Cr raised through a preferential issue of 8.7 crore warrants in April and May 2026. The company has deployed Rs 21.43 Cr primarily towards loans and investments in its subsidiaries for their business activities. This capital infusion is highly significant as it exceeds the company's current market capitalization of Rs 17 Cr. Shareholders approved a modification to the objects of the issue on May 14, 2026, to facilitate this deployment.

• Raised Rs 21.75 Cr through the allotment of 8,70,00,000 warrants convertible into equity shares.
• Utilized Rs 21.43 Cr for loans and/or investments in subsidiaries, representing the bulk of the proceeds.
• The fundraise amount of Rs 21.75 Cr is approximately 128% of the company's current market capitalization of Rs 17 Cr.
• Reported a minor unutilized balance of Rs 3,17,145 under general corporate purposes as of June 30, 2026.
• Shareholders approved the change in objects of the fundraise on May 14, 2026.

Clio Infotech's board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of ‡17 Cr and a TTM revenue of ‡3 Cr. A critical observation for investors is the 0.0% promoter holding and a debt of ‡17 Cr, which matches its net worth (D/E of 1.01). While FY26 revenue grew significantly to ‡2.84 Cr from ‡0.14 Cr in FY25, the ROCE remains low at 2.9%.

• Board meeting held on August 6, 2026, to approve Q1 FY27 results.
• Company reported TTM revenue of ‡3 Cr against a market cap of ‡17 Cr.
• Debt stands at ‡17 Cr, resulting in a Debt-to-Equity ratio of 1.01.
• Promoter holding remains at 0.0% as of the latest June 2026 filing.
• Stock has delivered a 204.2% price return over the last 6 months.

Clio Infotech Ltd has announced a board meeting on August 6, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company, a micro-cap with a market capitalization of Rs 13 Cr, reported a TTM revenue of Rs 3 Cr and a net profit of Rs 1 Cr. Investors should note the 0% promoter holding and a debt-to-equity ratio of 1.01, making quarterly performance critical for assessing business stability. The trading window for insiders has been closed since July 1, 2026.

• Board meeting scheduled for August 6, 2026, to review Q1 FY27 results.
• Trading window closed from July 1, 2026, until 48 hours after result declaration.
• Company reported FY26 annual revenue of Rs 2.84 Cr compared to Rs 0.14 Cr in FY25.
• Promoter holding remains at 0.0% as per the latest June 2026 filing.