Clio Infotech Ltd — Board Meeting, 13-08-2025: Board Meeting
13-08-2025 | 12:08 pm
13-08-2025 | 12:08 pm
Clio Infotech's board has approved a significant increase in its authorized share capital from ₹12 Cr to ₹100 Cr, enabling future equity expansion. The company also decided to revise its Articles of Association for enhanced governance. Crucially, the board approved raising up to ₹87 Crore through a preferential issue of 8.70 crore convertible warrants at ₹10 each to specific non-promoter investors. This major fundraising initiative is set to fuel future growth and operations. These key strategic decisions require shareholder approval at the upcoming Annual General Meeting on September 5.
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