Investment8 April 2026 at 12:01 pm
Clio Infotech Allots 6.52 Crore Warrants to Global Focus Fund, AIO Growth Capital, and Wave Capital
AI Summary
Clio Infotech Ltd has allotted 6,52,50,000 (Six Crore Fifty Two Lakhs Fifty Thousand Only) Convertible Warrants to Global Focus Fund, AIO Growth Capital, and Wave Capital. Each warrant entitles the holder to convert and get allotted one equity share of face value Re. 10.00/‐ fully paid-up against each warrant within 18 months from the date of allotment. The new equity shares will rank pari-passu with the existing equity shares of the Company. This decision was made in a Board of Directors meeting on 8th April 2026. The warrants were issued to non-promoter category entities on a preferential basis.
Key Highlights
- Clio Infotech allotted 6.52 crore warrants to three entities.
- The warrants were issued to non-promoter category entities on a preferential basis.
- Each warrant is convertible into one equity share of face value Re. 10.00/‐ fully paid-up.
- The new equity shares will rank pari-passu with the existing equity shares of the Company.
- The warrants were allotted at a price to be re-computed in accordance with provisions of Chapter V of SEBI (ICDR) Regulations, 2018.
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