Clio Infotech Limited's Board of Directors has approved a significant capital raising initiative through the allotment of convertible warrants to non-promoter entities. The board meeting, held on April 8, 2026, at the company's registered office, concluded several important resolutions related to the preferential allotment of warrants.

Warrant Allotment Details

The board approved the allotment of 6,52,50,000 convertible warrants, each with a face value of Rs. 10.00. These warrants provide holders the right to convert them into equity shares within 18 months from the allotment date. The warrants were issued on a preferential basis to entities belonging to the non-promoter category.

Allottee Distribution

The warrants have been equally distributed among three institutional investors, each receiving an identical allocation.

Conversion Terms and Conditions

The convertible warrants carry specific terms for conversion into equity shares. Each warrant is convertible into one fully paid-up equity share of the company with a face value of Rs. 10.00. The conversion process requires warrant holders to pay 75% of the issue price per warrant before exercising the conversion option.

The pricing mechanism follows the provisions of Chapter V of SEBI (ICDR) Regulations, 2018, with prices subject to re-computation in accordance with regulatory requirements. Upon conversion, the new equity shares will rank pari-passu with existing equity shares of the company.

Board Approvals and Regulatory Compliance

The board meeting, which commenced at 4:30 PM and concluded at 5:00 PM, addressed multiple agenda items beyond the warrant allotment. The directors ratified the resolution for issuing warrants convertible into equity shares to non-promoter entities, originally passed by shareholders in the Annual General Meeting held on September 12, 2025.

Additionally, the board approved alterations in the objects of the preferential issue, subject to shareholder approval. The company has indicated that it will issue appropriate notices and explanatory statements containing necessary details when seeking shareholders' approval for these matters. An Extraordinary General Meeting or Postal Ballot notice will be shared in due course to formalize these approvals.

Clio infotech Limited has received regulatory approval to relocate its registered office from Maharashtra to Gujarat, marking a significant corporate restructuring move. The company announced this development on March 12, 2026, following receipt of the approval order from regulatory authorities.

Regulatory Approval Details

The Regional Director (Western Region), Ministry of Corporate Affairs issued the approval order on March 10, 2026, which was received by the company on March 12, 2026. This approval encompasses both the shifting of the registered office and the consequent alteration of the company's Memorandum of Association.

Office Relocation Specifics

The company will transition from its current registered office in Mumbai, Maharashtra to a new location in Ahmedabad, Gujarat. The current registered office is situated at Room No 3 & 5 Sheth Lalji Dayalji Building, Dadi Sheth, Agiary Lane, Malharao Wadi, Kalbadevi, Mumbai, Maharashtra, 400002.

Compliance and Documentation

Clio Infotech Limited will complete the relocation process by filing the necessary e-forms on the Ministry of Corporate Affairs portal. This administrative step is essential to formalize the registered office change and ensure compliance with regulatory requirements. The company had previously communicated about this planned relocation in an earlier correspondence dated October 28, 2025.

Company Information

The announcement was made under the company's BSE script code 530839 and company symbol CLIOINFO. The disclosure was signed by Ms. Nikita Tiwadi, Managing Director, with DIN 10646772, ensuring proper corporate governance protocols were followed in the announcement process.