ALPHA TRIBE

Clio Infotech LtdOthers, 13-08-2025: AGM/EGM

13-08-2025 | 12:17 pm

CLIO INFOTECH LIMITED will hold its 33rd Annual General Meeting, where key strategic proposals for future growth will be put to a vote. The company aims to increase its authorized share capital from ₹12 Cr to ₹100 Cr. Additionally, a preferential allotment of up to 8.70 Cr warrants, convertible into equity shares at ₹10 each, is planned to raise ₹87 Cr from four non-promoter funds. These funds are earmarked for debt reduction, working capital, business acquisitions, and general corporate purposes, aiming to fuel long-term growth. Shareholders will also vote on re-appointing Ms. Nikita Tiwadi as Executive Director and appointing Ms. Shubhangi Agarwal as Secretarial Auditor.

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