Clio Infotech Limited announced significant board changes following its meeting held on February 24, 2026, involving the appointment of a new director and acceptance of a resignation that led to comprehensive committee restructuring. The company filed detailed regulatory disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Composition Changes

The company's Board of Directors approved two major personnel decisions during their meeting held at the registered office from 1:30 PM to 2:00 PM. The board appointed Mr. Ashwini Kumar Pareek (DIN: 11551819) as Additional Director (Non-Executive) and Chairman of the company, while simultaneously accepting the resignation of Mr. Sujal Amrutbhai Koshti (DIN: 10649068) as Non-Executive Non-Independent Director.

New Director Profile

Mr. Ashwini Kumar Pareek brings multidisciplinary expertise spanning Research & Business Analytics, SOP Development, Project Management, Data Analysis, Creative Media Production, and Generative AI Solutions. According to the company's regulatory filing, he is described as a dynamic and results-driven professional with a strong foundation in analytical thinking and structured execution, combining strategic insight, technical depth, and creative capability to drive organizational growth and operational excellence. The company has confirmed that Mr. Pareek is not debarred from holding the office of director by virtue of any SEBI order or other authority.

Committee Reconstitution

The board changes necessitated reconstitution of all board committees effective February 24, 2026. Mr. Pareek replaced Mr. Koshti across all committee memberships while maintaining the same chairperson structure across all committees.

Updated Committee Structure

Regulatory Compliance and Documentation

The company filed comprehensive disclosures including detailed annexures covering the new director's profile, resignation details, and committee restructuring information. Mr. Koshti's resignation letter, dated February 24, 2026, confirmed that there were no material reasons for his resignation beyond pre-occupations and personal reasons. He also stepped down from his membership in the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee.

The regulatory filing was signed by Managing Director Nikita Tiwadi (DIN: 10646772) and submitted to BSE Limited under the company's scrip code 530839. The changes ensure continuity in board operations while bringing fresh expertise through the new appointment, maintaining compliance with corporate governance requirements throughout the transition.

Clio Infotech Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating remarkable growth across key financial metrics. The Board of Directors approved these results during their meeting held on February 2, 2026, at the company's registered office in Mumbai, with the meeting commencing at 2:00 p.m. and concluding at 3:30 p.m.

Financial Performance Overview

The company's financial performance for Q3FY26 showed substantial improvement compared to the corresponding period in the previous year:

Quarterly Revenue and Profitability

Revenue from operations reached ₹194.39 lacs in Q3FY26, marking a dramatic increase from ₹2.00 lacs recorded in Q3FY25. Total income for the quarter stood at ₹198.58 lacs, including other income of ₹4.19 lacs. The company's total expenses for the quarter were ₹162.98 lacs, which included operating expenses of ₹150.00 lacs, employee benefit expenses of ₹4.50 lacs, and other expenses of ₹6.21 lacs.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company demonstrated consistent growth:

Newspaper Publication and Regulatory Compliance

Pursuant to Regulation 47 of the SEBI Listing Regulations, Clio Infotech Limited published the extract of its unaudited financial results in newspapers on February 4, 2026. The results were published in "The Financial Express (English) (Mumbai)" and "Mumbai Lakshdeep (Mumbai) (Marathi)" to comply with regulatory requirements.

The newspaper publication was communicated to BSE Limited through a formal letter signed by Company Secretary & Compliance Officer Jeegneeshkumar Kalyanbhai Devganiya (M.No: ACS 54003). The communication was digitally signed and submitted on February 4, 2026, at 14:14:47 IST.

Capital Structure and Earnings Per Share

The company maintained a stable capital structure with paid-up equity share capital of ₹1,101.10 lacs, consisting of shares with a face value of ₹10.00 each. Basic and diluted earnings per share for Q3FY26 stood at ₹0.25, compared to ₹0.02 in the corresponding quarter of the previous year.

Regulatory Compliance and Audit

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The statutory auditors, KPSJ & Associates LLP (FRN: 124845W/W100209), conducted a limited review of the financial statements and provided an unqualified review report. Partner Prakashchandra Parakh (M. No.: 039946) signed the review report on February 2, 2026. The company operates as a single reportable segment, making segment reporting non-applicable under Indian Accounting Standard-108.