BSEMediumNeutral
Announced Thu, 22 May · 13:20 IST

Appointment of J B Bhave & Co, Company Secretaries, Pune as a Secretarial Auditors of the Company for the period of 5 years

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Clean Science and Technology Limited's board, on 22nd May 2025, approved audited standalone and consolidated financial results for Q4 and FY ended 31st March 2025, with Price Waterhouse issuing an unmodified opinion. Standalone revenue from operations rose to Rs. 9,223.16 million from Rs. 7,894.39 million a year earlier, while standalone profit for the year grew to Rs. 2,923.02 million from Rs. 2,476.88 million; consolidated profit stood at Rs. 2,644.05 million. The board recommended a final dividend of Rs. 4 per share (400%) on the Re. 1 face value share, subject to shareholder approval. It also approved the re-appointment of promoter Whole Time Directors Mr. Krishnakumar Ramnarayan Boob and Mr. Siddhartha Ashok Sikchi for a fresh 5-year term from 1st April 2026 to 31st March 2031. Additionally, J B Bhave & Co., Company Secretaries (Pune) was appointed as Secretarial Auditor for 5 consecutive years from FY 2025-26 to FY 2029-30, pending shareholder approval.

Likely market impact

This is a routine, largely positive board update for shareholders — strong FY25 earnings growth, a healthy 400% final dividend, and continuity in promoter leadership, all of which are supportive of the stock; none of the items signal any governance concern or leadership change.