Clio Infotech Limited has scheduled an Extraordinary General Meeting (EGM) on July 24, 2026, to seek shareholder approval for increasing its authorised share capital from ₹12 crore to ₹100 crore. The company stated that the capital increase is intended to accommodate a further issue of shares on account of a preferential issue. The meeting will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM).

Resolution Details

The Board of Directors proposed the increase during a meeting on July 1, 2026. Under the proposed resolution, the authorised share capital will rise from Rs. 12,00,00,000 divided into 1,20,00,000 Equity Shares of Rs. 10 each, to Rs. 100,00,00,000 divided into 10,00,00,000 Equity Shares of Rs. 10 each. Consequently, Clause V of the Memorandum of Association will be altered to reflect this change.

Voting and Participation

The remote e-voting period commences on July 21, 2026, at 9:00 a.m. and concludes on July 23, 2026, at 5:00 p.m. The cut-off date for determining shareholder eligibility for voting and attendance is July 17, 2026. Members whose names are recorded in the register of members or the registrar of beneficial owners maintained by the depositories as of this date are entitled to vote.

Procedural Appointments

The Board has appointed Ms Shubhangi Agarwal, a Practicing Company Secretary, as the Scrutinizer to ensure the voting process is conducted fairly. The results of the meeting are expected to be declared on or before July 27, 2026. None of the Directors or Key Managerial Personnel are interested in the resolution beyond their shareholding in the company.

Clio Infotech has approved an investment of approximately ₹87 crore in Clio Tech Limited, a newly incorporated entity based in Seychelles, to expand its presence in the IT services sector. The Board of Directors approved the proposal on June 29, 2026, allowing the company to subscribe to 100% of the equity shares of the target entity. The transaction will be conducted at arm's length and does not involve the promoter or promoter group.

The investment will be made through cash consideration. As of the approval date, the company has invested Rs 21,43,28,550 towards the allotment of 22,30,000 equity shares. The balance investment is scheduled to be completed in one or more tranches within 12 months, subject to statutory and regulatory approvals.

Clio Tech Limited was incorporated on March 16, 2026, and is currently in the initial stages of its business operations. As the entity is recently formed, it has not yet commenced significant commercial operations and consequently reported no turnover for the preceding three financial years. The investee company aims to engage in software designing, development, and dealing in corporate software and IT-related services.

Investment Details

The following table summarises the key parameters of the approved investment:

The Board meeting, which commenced at 5:15 PM and concluded at 5:45 PM on June 29, 2026, was chaired to deliberate on this strategic expansion. No governmental or regulatory approvals are required for this acquisition, as per the disclosure submitted to the stock exchanges.