Announced Wed, 1 Apr · 12:34 IST

Clean Science And Technology Limited has informed the Exchange regarding Change in Director(s) of the company.

Promoter Family Board EntryManagement Changes View source PDF

CLEAN · price

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Price reaction · full curve 14 horizons · vs prior close
+7.9%1-day move
₹655.00
prior close
₹706.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.9-0.8-0.8+7.9+6.1+5.8+11.6+9.6+10.4+24.4+25.7+21.2+16.0
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AI summary

Clean Science and Technology Limited has announced director changes effective 1st April 2026. Mr. Krishnakumar Ramnarayan Boob has been re-appointed as Whole-Time Director for 5 years (until 31st March 2031). Two new appointments were also made: Mr. Ashok Ramnarayan Boob as Whole-Time Director - Executive-Vice Chairman (until 27th July 2027), and Mr. Siddhartha Ashok Sikchi as Managing Director (until 31st March 2031). All appointments were previously approved by shareholders through AGM and Postal Ballot. All three directors are Promoter Directors, with Krishnakumar and Ashok being brothers, and Siddhartha being Krishnakumar's brother. Krishnakumar holds 0.20% shares, Ashok holds 3.45% shares, and Siddhartha holds 5.41% shares in the company.

Likely market impact

All appointments are internal/promoter family appointments with proper shareholder approval, so no immediate governance concerns. The continuity of promoter family control at the board level is maintained, which may reassure long-term investors but could raise independence questions for some institutional investors.