Clio Infotech Reports No Deviation in Preferential Issue Fund Utilization

Clio Infotech Limited has filed a statement confirming no deviation or variation in the utilization of funds raised through a preferential issue during the quarter ended June 30, 2026. The company raised ₹21,75,00,000 via preferential issue on April 8, 2026, and May 13, 2026, through warrants convertible into equity shares. A minor amount of ₹3,17,145 remains unutilized for general corporate purposes as of the reporting date. The funds were primarily allocated to 'Other Loan and / or Investment in subsidiaries of the Company for their business activities'. The statement indicates that any deviation was pursuant to a change in terms approved by shareholders on May 14, 2026.