Kindly find the enclosed the outcome and scrutinizer report for the postal ballot voting end on 27th November,2025.
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 Ltd announced the results of its Postal Ballot (through remote e-voting) that concluded on 27th November 2025. Two Special Resolutions were put to vote: (1) Shifting the Registered Office from Maharashtra to Gujarat, which was approved with 88.87% of votes in favour (3,833 votes for vs 480 against), and (2) Cancelling and withdrawing the earlier proposal for increasing the Authorised Share Capital, which was approved with 89.43% in favour (3,857 votes for vs 456 against). Voting turnout was very low at just 0.0392% of outstanding shares, with only 33 out of 10,508 shareholders participating. Promoter and promoter group did not cast any votes on either resolution.
The company will now move its registered office from Mumbai (Maharashtra) to Gujarat, a significant corporate relocation that may affect regulatory jurisdiction and operational base. The withdrawal of the earlier authorised share capital increase means no immediate equity dilution is planned, which is mildly positive for existing shareholders. However, the extremely low voting turnout and zero promoter participation may raise governance questions.