1. To Consider and Approve the Proposal to Appoint Mr. ASHWINI KUMAR PAREEK (DIN: 11551819) As the Additional Director (Non-Executive) and chairman Of the Company. A brief profile of Mr. ....
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Clio Infotech Ltd held a board meeting on February 24, 2026, where it appointed Mr. Ashwini Kumar Pareek (DIN: 11551819) as an Additional Non-Executive Director and Chairman of the company, up to the next general meeting. Mr. Pareek has a background in research, business analytics, project management, and generative AI. In the same meeting, the board accepted the resignation of Mr. Sujal Amrutbhai Koshti (DIN: 10649068) as Non-Executive Non-Independent Director, effective the same day, citing personal reasons and preoccupations. Following this change, all three board committees — Audit, Nomination & Remuneration, and Stakeholders Relationship — were reconstituted, with Mr. Pareek replacing Mr. Koshti as a member. The Managing Director, Nikita Tiwadi, signed the intimation. The meeting lasted 30 minutes, from 1:30 PM to 2:00 PM.
This is a routine board reshuffle with no impact on operations or financials. Shareholders should note a leadership change at the chairman level, but the Managing Director remains unchanged, so day-to-day management is unaffected.