Clean Science Invests ₹50 Crore in Subsidiary Clean Fino-Chem via Rights Issue

1 min read     Updated on 09 Apr 2026, 04:29 AM
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Clean Science And Technology Limited has invested ₹50 crore in its wholly owned subsidiary Clean Fino-Chem Limited through a rights issue mechanism. The investment involves subscribing to 8.36 lakh equity shares at ₹598 per share (₹10 face value plus ₹588 premium) to fund specialty chemicals projects. Clean Fino-Chem, incorporated in 2022, has demonstrated strong growth with turnover increasing from nil in 2023 to ₹46.77 crore in 2025.

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Clean science & technology has announced a significant capital investment of ₹50 crore in its wholly owned subsidiary, Clean Fino-Chem Limited, through a structured rights issue mechanism. The investment was formalized on April 8, 2026, as disclosed in the company's regulatory filing under SEBI Listing Regulations.

Investment Structure and Details

The company has subscribed to additional equity shares in Clean Fino-Chem through a rights issue at premium pricing.

Parameter: Details
Total Investment: ₹50.00 crore
Number of Shares: 8.36 lakh
Face Value per Share: ₹10
Premium per Share: ₹588
Total Price per Share: ₹598
Subsidiary: Clean Fino-Chem Limited
Ownership: 100% wholly owned

Subsidiary Performance and Background

Clean Fino-Chem Limited was incorporated on March 22, 2022, as a wholly owned subsidiary focused on manufacturing and selling specialty chemicals. The subsidiary has shown significant growth trajectory in recent years.

Financial Year: Turnover
March 31, 2025: ₹46.77 crore
March 31, 2024: ₹1.92 crore
March 31, 2023: Nil

Strategic Purpose and Impact

The capital infusion is specifically targeted toward funding the subsidiary's ongoing projects in the specialty chemicals sector. This investment reflects Clean Science And Tech's commitment to strengthening its subsidiary's operational capabilities and expanding its market presence in the specialty chemicals segment.

Regulatory Compliance

The transaction has been structured as a related party transaction conducted at arm's length pricing. The company has confirmed that promoters and group companies have no additional interest in this transaction beyond the stated investment. The newly issued equity shares will rank pari passu with existing equity shares of Clean Fino-Chem Limited.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+2.70%+7.35%-27.83%-35.55%-52.59%

What specific specialty chemical projects will Clean Fino-Chem prioritize with this ₹50 crore investment?

How will this capital injection impact Clean Science & Technology's consolidated financial performance in FY2027?

Could this investment signal Clean Science's strategy to establish more wholly-owned subsidiaries in adjacent chemical segments?

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Clean Science and Technology Limited Reports No Dematerialization Activity for Quarter Ended March 31, 2026

1 min read     Updated on 07 Apr 2026, 02:01 PM
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Clean Science and Technology Limited filed its quarterly confirmation certificate reporting zero dematerialization activity for the quarter ended March 31, 2026. The company's registrar MUFG Intime India Private Limited confirmed no securities were received for dematerialization during this period, fulfilling mandatory SEBI regulatory requirements.

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Clean Science & Technology Limited has submitted its quarterly confirmation certificate to stock exchanges, reporting zero dematerialization activity for the quarter ended March 31, 2026. The filing fulfills mandatory regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed the confirmation certificate with both BSE Limited and National Stock Exchange of India Limited on April 7, 2026. This submission is required under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Parameter: Details
Filing Date: April 7, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI Regulation 74(5)
Securities Received: Zero

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar confirmed in its certificate dated April 6, 2026, that no securities were received for dematerialization during the specified quarter.

The confirmation was signed by Ashok Shetty, Vice President – Corporate Registry at MUFG Intime India Private Limited. MUFG Intime India operates under CIN U67190MH1999PTC118368 and holds SEBI registration number INR000004058.

Corporate Compliance

Ruchita Vij, Company Secretary and Compliance Officer of Clean Science and Technology Limited, digitally signed the submission on April 7, 2026. The filing demonstrates the company's adherence to quarterly reporting obligations mandated by securities market regulations.

This routine compliance filing indicates that no shareholders requested conversion of physical share certificates to electronic form during the quarter ended March 31, 2026. Such quarterly confirmations are standard regulatory requirements for all listed companies to maintain transparency in their shareholding patterns and dematerialization activities.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+2.70%+7.35%-27.83%-35.55%-52.59%

What factors might be contributing to the complete absence of dematerialization requests, and could this indicate changing investor sentiment toward Clean Science & Technology?

How might the zero dematerialization activity impact the company's liquidity and trading volumes in upcoming quarters?

Will Clean Science & Technology need to implement any investor outreach programs to encourage electronic shareholding given the lack of conversion activity?

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