Clio Infotech Ltd

Clio Infotech Plans ₹65.25 Cr Fundraise via Preferential Warrants 📈

• Clio Infotech Limited will hold an Extraordinary General Meeting (EGM) on May 14, 2026, at 12:00 PM via video conferencing.

• The EGM will consider a preferential allotment of up to 6,52,50,000 warrants convertible into equity shares at INR 10 per warrant, raising up to INR 65,25,00,000.

• The warrants will be allotted to three non-promoter entities: Global Focus Fund (2,17,50,000 warrants), AIO Growth Capital Fund SPC (2,17,50,000 warrants), and Wave Capital Limited (2,17,50,000 warrants).

• Warrant holders must pay 25% upfront and the remaining 75% upon conversion, with an 18-month conversion period; unexercised warrants will lapse and funds forfeited.

• The EGM will also consider altering the objects of the preferential issue to include investing proceeds in a subsidiary for business expansion and working capital.

• Remote e-voting is available from May 11, 2026, at 9:00 AM to May 13, 2026, at 5:00 PM, with a cut-off date for eligibility set as May 7, 2026.

• The company seeks shareholder approval for the appointment of Mr. Ashwini Kumar Pareek as a Non-Executive Non-Independent Director, effective from February 24, 2026.