Appointment of Secretarial Auditor of the Company for a period of five years subject to the approval of the shareholders at the 33rd AGM of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Clio Infotech's board, at its meeting on May 27, 2025, approved the audited financial results for Q4 and full year ended March 31, 2025. Total income for FY25 stood at Rs 29.77 lakhs (vs Rs 31.28 lakhs in FY24), while net profit after tax rose to Rs 5.71 lakhs from Rs 1.99 lakhs, translating to EPS of Rs 0.05. Q4 FY25, however, slipped into a small loss of Rs 0.60 lakhs. The statutory auditor M/S KPSJ & Associates LLP issued an unmodified opinion. The board also appointed Ms. Shubhangi Agarwal, a practicing Company Secretary, as Secretarial Auditor for five consecutive financial years (FY 2025-26 to FY 2029-30), subject to shareholder approval at the 33rd AGM. The auditor highlighted that the company became applicable for RBI registration under Section 45-IA, and management is currently seeking new business opportunities while parking idle funds in interest-bearing assets.
Routine governance disclosure — the appointment of a secretarial auditor is a regulatory requirement and not expected to materially affect the stock. Results show a modest improvement in full-year profit but continued thin operations, with total revenue under Rs 30 lakhs, reinforcing that the company remains in a transition phase while evaluating new business avenues.