Shifting of the Registered office of the Company from State of Maharashtra to State of Gujarat subject to necessary approval
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Clio Infotech Ltd, at its meeting on 28 October 2025, approved shifting the company's registered office from Mumbai (Maharashtra) to Ahmedabad (Gujarat) at Office A/414, The Capital, Science City Road, subject to shareholder and regulatory approvals. The board also decided to cancel and withdraw the earlier plan to raise authorised share capital from Rs. 12 crore to Rs. 100 crore, citing adequate existing capital and cost considerations — so the authorised capital will remain at Rs. 12 crore (1.2 crore equity shares of Rs. 10 each). The board also approved a postal ballot notice to seek shareholder approval for these matters and appointed a scrutinizer to oversee the voting process. The meeting ran from 11:00 a.m. to 12:45 p.m.
The cancellation of the Rs. 100 crore authorised capital expansion removes any near-term dilution risk and signals the company does not currently need fresh fundraising headroom. The registered office shift to Gujarat is an administrative relocation subject to shareholder approval via postal ballot, and shareholders will get a chance to vote on it soon.