Clio Infotech EGM for Preferential Allotment of 6.52 Cr Warrants
Clio Infotech Ltd has announced an Extra-Ordinary General Meeting (EGM) to be held on Thursday, May 14, 2026, at 12:00 PM. The meeting will be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The primary agenda for the EGM is to seek shareholder approval for the issuance of up to 6,52,50,000 warrants. These warrants will be convertible into equity shares and will be allotted by way of a preferential allotment on a private placement basis. The company is providing remote e-voting facilities for its members, which will commence on May 11, 2026, at 9:00 a.m. and conclude on May 13, 2026, at 5:00 p.m. The cut-off date for determining shareholder eligibility to exercise e-voting rights and attend the EGM is May 7, 2026.
Key Highlights
- EGM scheduled for May 14, 2026, to approve preferential warrant issue.
- Company seeks approval for up to 6.52 Cr convertible warrants.
- Warrants to be allotted via private placement, convertible to equity.
- Remote e-voting available from May 11-13, 2026.
- May 7, 2026, is the cut-off date for EGM eligibility.
Price Impact
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