Announced Mon, 18 May, 2026 · 17:24 IST

Please find the disclosure for the appointment of Internal auditor and Chief Executive Officer of the company.

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹9.85

prior close

₹10.32

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+2.9% vs market

Software Products peers, median of 38sector-0.6%+3.9% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.9 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

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15m

-9.5

30m

-9.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+0.4+2.9-0.6+3.9

Next day

+1.5+1.0+0.5-1.0+2.5

-3.5+2.2-5.6-1.1-2.3

-6.4+2.2-8.6-0.6-5.8

-5.2+3.9-9.0+0.2-5.3

-2.0+4.6-6.6+0.1-2.2

-6.6+3.9-10.5-0.3-6.3

15d

-18.7+3.4-22.1-2.3-16.4

-12.3+10.3-22.6-2.5-9.8

+36.5+10.8+25.8-3.8+40.3

+28.1+14.9+13.3-6.1+34.2

UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Clio Infotech Ltd's Board of Directors met on May 18, 2026, and approved the audited standalone financial results for Q4 and the year ended March 31, 2026. The statutory auditors, M/S KPSJ & Associates LLP, issued an unmodified opinion. The Board also appointed M/S Mohit Kumar Agarwal & Co, a Chartered Accountancy firm with over 4 years of experience, as the Internal Auditor for FY 2026-27. Additionally, Mr. Nakul Maheshwari, a technology professional with over 6 years of experience in web development, cybersecurity, and project management, was appointed as the new Chief Executive Officer effective May 18, 2026.

Likely market impact

Two key leadership appointments signal a strategic shift, with a tech-focused CEO potentially driving technology-driven growth. The unmodified audit opinion adds confidence in financial reporting quality.