Clio Infotech Limited's board approved an investment of £1000 to acquire a 100% stake in Clio Quantinfra Limited, a company being incorporated in the United Kingdom, at its board meeting held on October 19, 2026.

The investment will be made by way of subscription to the share capital of Clio Quantinfra Limited. Upon completion of the incorporation process, Clio Quantinfra Limited will become a wholly owned subsidiary of Clio Infotech Limited. The consideration is cash-based, with the company subscribing to 1000 equity shares at an aggregate amount of £1000 (One Thousand GBP only).

Key details of the acquisition

The following table summarises the material terms of the transaction as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Business purpose and background

Clio Quantinfra Limited is proposed to carry on business in software designing, development, and dealing in corporate software and IT-related services, in line with the objects set out in its Memorandum of Association. As the investee company is at the incorporation stage, no historical turnover data is available.

The promoter, promoter group, and group companies do not have any interest in this transaction. The transaction has been confirmed to be conducted at arm's length.

Trading window status

The trading window for dealing in securities of Clio Infotech Limited was closed with effect from October 1, 2026. It will reopen after the completion of 48 hours from the declaration of financial results for the quarter and half year ended September 30, 2026.

The board meeting commenced at 6:30 pm and concluded at 7:15 pm on October 19, 2026.

Clio Infotech Limited has disclosed the detailed voting results for its 34th Annual General Meeting (AGM) held on September 26, 2026. All three resolutions proposed at the meeting were passed with overwhelming majority support from shareholders participating via remote e-voting.

The company adopted its audited financial statements for the financial year ended March 31, 2026, during the meeting conducted via video conferencing. The proceedings also included the re-appointment of Nikita Tiwadi as Managing Director and approval for remuneration to Ashwini Kumar Pareek, Non-Executive Director and Chairman.

Meeting Proceedings

The Annual General Meeting commenced at 12:00 pm and concluded at 12:25 pm. Members who did not participate in remote e-voting cast their votes electronically during the meeting using the National Securities Depository Ltd platform. The voting period for remote e-voting ran from September 23, 2026, to September 25, 2026.

According to the scrutinizer's report, a total of 10,219 shareholders were eligible to vote as on the cut-off date of September 19, 2026. Out of these, 41 public shareholders attended the meeting through video conferencing, while no promoters or promoter group members attended in person or through proxy.

Key Resolutions Passed

The following ordinary and special business items were transacted:

• Adoption of the audited financial statement for FY26 along with reports of the Board of Directors and Auditors.
• Appointment of Nikita Tiwadi (DIN: 10646772) in place of herself, who retired by rotation and was eligible for re-appointment.
• Approval for payment of remuneration to Ashwini Kumar Pareek, Non-Executive Director and Chairman.

Voting Results

The company submitted the consolidated scrutinizer report on September 26, 2026. Shubhangi Agarwal, Practicing Company Secretary, served as the scrutinizer. The votes were unblocked in the presence of witnesses Mr. Kaushal Parekh and Mr. Manipal Singh.

All three resolutions passed with overwhelming majority support from remote e-voting participants. No votes were cast via the electronic voting facility during the live meeting.

The detailed voting results have been submitted to stock exchanges and posted on the company's website within the prescribed time limit.