CLIO INFOTECH LIMITED ACQUIRES SEICHELLYES COMPANY FOR RS 87 CR

• Board approved investment in Clio Tech Limited, Seychelles. • Acquisition will be at arms' length; promoter group has no interest. • Target entity operates in IT Services, focusing on software design and development. • Proposed investment amount is approximately ₹87 Cr. • Initial investment of ₹21.43 Cr made for 22.3 lakh equity shares. • Balance investment to be made in tranches; full stake to be acquired. • Investee company incorporated on March 16, 2026, and is in early stages. • No turnover for the past three financial years due to recent incorporation.

Clio Infotech Ltd

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