CLIO INFOTECH's board has approved a significant capital restructuring to fuel growth.

The authorized share capital will increase from ₹12 Cr to ₹100 Cr, enabling future fundraising.

Concurrently, the company will undertake a preferential issue of 8.7 Cr convertible warrants at ₹10 each, raising up to ₹87 Cr from non-promoter public investors.

These warrants convert into equity shares within 18 months.

This move injects substantial capital, supporting business expansion and operational needs.

The company will also update its Articles of Association to align with current governance.

An Annual General Meeting is scheduled to seek shareholder approvals for these proposals.