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.

Clio Infotech Limited convened an Extra Ordinary General Meeting (EGM) on Thursday, May 14, 2026, at 12:00 p.m. through Video Conferencing (VC) facility, in compliance with applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was chaired by Mr. Ashwini Pareek, Chairman of the Company, who called the meeting to order upon confirmation of the requisite quorum and addressed the members before proceeding to the items of business.

Regularization of Director Appointment

The shareholders approved the proposal to regularize the appointment of Mr. Ashwini Kumar Pareek (DIN: 11551819) as the Non-executive Director and Chairman of the Company. The appointment was regularized effective May 14, 2026. The term of appointment is not defined. Mr. Pareek is a dynamic professional with expertise spanning Research & Business Analytics, SOP Development, Project Management, Data Analysis, Creative Media Production, and Generative AI Solutions. The Company affirmed that he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Special Business Transacted

The EGM transacted three special business items as set out in the notice convening the meeting. The key agenda items are summarised below:

E-Voting Process

In compliance with Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and applicable SEBI regulations, the Company provided members the facility to cast votes electronically. The remote e-voting window was open from May 11, 2026 at 09:00 a.m. IST and closed on May 13, 2026 at 5:00 p.m. IST. Members present at the meeting who had not exercised remote e-voting were permitted to cast their votes using the e-voting platform of National Securities Depository Ltd.

Ms. Shubhangi Agarwal, Practicing Company Secretary (Membership No. A63219), was appointed as the Scrutinizer for the conduct of the e-voting process, ensuring transparency and regulatory compliance.

Conclusion and Next Steps

The EGM concluded at 12:27 p.m., including the time allowed for e-voting at the meeting. The Chairman informed members that detailed voting results, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be submitted to the stock exchanges within the prescribed time limit and will also be posted on the Company's website. The proceedings were signed by Ms. Nikita Tiwadi, Managing Director (DIN: 10646772), on behalf of Clio Infotech Limited.