Clio Infotech Limited secured shareholder approval for the issuance of warrants convertible into equity shares and an increase in limits under Section 186 of the Companies Act, 2013. The resolutions were passed through a remote e-voting process which concluded on June 12, 2026. The approvals enable the company to proceed with a preferential allotment and adjust its investment limits as required by corporate law.

The postal ballot process was overseen by Shubhangi Agarwal, a Practicing Company Secretary appointed as the Scrutinizer. The e-voting facility was provided by the National Securities Depository Limited (NSDL), with voting commencing on May 14, 2026. A total of 757,934 votes were polled, representing 6.88% of the company's outstanding shares held by public non-institutional shareholders.

Voting Results

Both special resolutions received overwhelming support from the public non-institutional shareholders, who were the only participants in the voting process. Promoters and public institutions did not cast any votes during the ballot.

Key Resolutions

The first resolution authorized the issuance of warrants convertible into equity shares through a preferential allotment on a private placement basis. The second resolution sought approval to increase the limit under Section 186 of the Companies Act, 2013, which governs loans and investments by the company.

The Scrutinizer's report confirmed that no related parties voted on the resolutions, in compliance with Regulation 23(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed voting results and scrutinizer's report have been hosted on the company's website.

Clio Infotech has reported its audited standalone financial results for the quarter and year ended March 31, 2026, following a board meeting held on Monday, May 18, 2026. The company recorded a significant increase in annual net profit, while also disclosing its balance sheet position, cash flow statement, and related party transactions for the period. Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the extract of these audited financial results in newspapers on May 19, 2026.

Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of ₹66.24 lacs, a substantial rise from ₹5.71 lacs in the previous year. Revenue from operations for the year stood at ₹284.47 lacs, compared to ₹14.61 lacs in the prior year. For the quarter ended March 31, 2026, the net profit was ₹38.35 lacs, with revenue from operations at ₹71.68 lacs. The statutory auditors, M/S KPSJ & Associates LLP, issued an audit report with an unmodified opinion on the standalone financial results, which were prepared in accordance with the Indian Accounting Standards (Ind AS).

The following table summarises the annual financial performance:

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹3,361.59 lacs, compared to ₹1,689.51 lacs in the prior year. Total equity improved significantly to ₹1,658.15 lacs from ₹1,048.30 lacs, driven by an increase in other equity from ₹(52.80) lacs to ₹557.05 lacs. Non-current borrowings rose to ₹1,679.13 lacs from ₹637.46 lacs, reflecting increased financial activity during the year.

Cash Flow Statement

The company generated net cash from operating activities of ₹249.34 lacs for the year ended March 31, 2026, compared to a cash outflow of ₹(39.15) lacs in the prior year. Cash used in investing activities stood at ₹(264.06) lacs, primarily on account of purchase of investments amounting to ₹(261.84) lacs. Financing activities generated ₹543.75 lacs, driven by proceeds from application money pending allotment towards a preferential issue of convertible warrants. As a result, cash and cash equivalents at the end of the year rose to ₹573.07 lacs from ₹44.04 lacs at the beginning of the year.

Board Appointments

During the meeting, the Board approved the appointment of Mr. Nakul Maheshwari as the Chief Executive Officer of the company, effective May 18, 2026. Nakul Maheshwari is a strategic and results-driven technology professional with over 6 years of experience across Web Development, Mobile Applications, Cybersecurity, and Project Management. He possesses extensive experience in managing end-to-end project lifecycles, leading Agile teams, and delivering secure, scalable solutions across multi-regional technology projects. He is certified in CISEH and CPTE. Additionally, M/S Mohit Kumar Agarwal & Co, Chartered Accountants, was appointed as the Internal Auditor for the financial year 2026-27. The firm has more than 4 years of experience in accounting, auditing, taxation, financial management, and regulatory compliance services.

Related Party Transactions

In compliance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed related party transactions for the year ended March 31, 2026. Remuneration paid to Ashwini Kumar Pareek (Director) amounted to ₹2.70 lacs, to Pranav Joshi (CFO) amounted to ₹1.63 lacs, and to Jeegneshkumar Devganiya (CS) amounted to ₹2.64 lacs during the reporting period.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for Directors and Designated Persons remained closed until Wednesday, May 20, 2026, and reopened for trading on Thursday, May 21, 2026.