Clean Science and Technology Allots 800 Equity Shares Under Employee Stock Option Scheme

1 min read     Updated on 17 Mar 2026, 06:07 PM
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Overview

Clean Science and Technology Limited allotted 800 equity shares to employees under CSTL ESOS 2021 on 17th March, 2026, at ₹500 per share with ₹499 premium. The allotment increased the company's paid-up share capital from ₹10,62,76,499 to ₹10,62,77,299, with total shares reaching 10,62,77,299. The shares rank pari passu with existing equity shares and are listed on BSE and NSE.

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*this image is generated using AI for illustrative purposes only.

Clean Science and Technology Limited has allotted 800 equity shares to eligible employees under its Employee Stock Option Scheme 2021 (CSTL ESOS 2021) on 17th March, 2026. The allotment was approved by the company's Nomination and Remuneration Committee through circular resolution in compliance with SEBI regulations.

Share Allotment Details

The equity shares were issued with specific pricing parameters that reflect the company's current market valuation:

Parameter Details
Number of Shares Allotted 800
Issue Price per Share ₹500
Face Value per Share ₹1
Premium per Share ₹499
Allotment Date 17th March, 2026

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital structure:

Metric Before Allotment After Allotment
Total Issued Shares 10,62,76,499 10,62,77,299
Paid-up Share Capital ₹10,62,76,499 ₹10,62,77,299

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has previously received in-principle approvals from both BSE and NSE for its employee stock option scheme:

  • BSE Approvals: 1,00,000 equity shares approved on 9th June, 2022, and 2,50,000 equity shares approved on 25th September, 2023
  • NSE Approvals: 1,00,000 equity shares approved on 16th June, 2022, and 2,50,000 equity shares approved on 25th September, 2023

Share Characteristics

The newly allotted equity shares carry the same rights and privileges as existing shares. All equity shares allotted under the exercise of options rank pari passu with the existing shares of the company. The shares are issued in demat form under ISIN number INE227W01023 and are listed on both BSE (scrip code: 543318) and NSE (trading symbol: CLEAN).

The allotment demonstrates the company's commitment to employee participation in its growth story through structured stock option schemes, providing eligible employees with ownership stakes in the organization.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-4.80%-7.04%-40.83%-42.42%-55.40%
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Clean Science and Technology Senior VP R&D Resigns Due to Personal Reasons

1 min read     Updated on 16 Mar 2026, 06:10 PM
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Reviewed by
Radhika SScanX News Team
Overview

Clean Science and Technology Limited announced the resignation of Mr. Kothanda Rama Lakshmanan Pichaandi, Senior Vice-President (Research and Development), effective March 14th, 2026. The resignation was submitted on December 22nd, 2025, due to personal reasons. The executive completed the required notice period and handed over all responsibilities, with management acknowledging his valuable long-term contribution to the company.

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*this image is generated using AI for illustrative purposes only.

Clean science & technology Limited has announced the resignation of a key senior management personnel from its research and development division. The company informed stock exchanges about this leadership change through a regulatory filing under SEBI disclosure requirements.

Senior Management Departure

Mr. Kothanda Rama Lakshmanan Pichaandi, who served as Senior Vice-President (Research and Development) and was designated as Senior Management Personnel, has resigned from his position effective March 14th, 2026. The resignation takes effect from the close of business hours on that date.

Parameter: Details
Name: Mr. Kothanda Rama Lakshmanan Pichaandi
Position: Senior Vice-President (Research and Development)
Designation: Senior Management Personnel
Resignation Date: December 22nd, 2025
Effective Date: March 14th, 2026
Reason: Personal reasons

Transition and Handover Process

The departing executive has fulfilled all procedural requirements for his exit from the company. Mr. Pichaandi served the complete notice period as mandated by company policy and ensured proper handover of his responsibilities to maintain operational continuity.

The company management has formally acknowledged and appreciated his valuable contribution and guidance throughout his tenure with Clean Science and Technology. His long-term association with the organization has been recognized as beneficial to the company's research and development initiatives.

Regulatory Compliance

The resignation announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements outlined in relevant SEBI circulars, ensuring transparency for stakeholders and investors.

Company Secretary and Compliance Officer Ruchita Vij signed the regulatory filing, which included the formal resignation letter and detailed annexures as required by stock exchange regulations. The information has been submitted to both NSE and BSE for record-keeping purposes.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-4.80%-7.04%-40.83%-42.42%-55.40%
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1 Year Returns:-42.42%