Clean Science board changes approved via postal ballot

Management Changes View source PDF Explain this filing

CLEAN · price

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Price reactionminutes from the announcement price · days from the prior close

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₹900.00

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%-0.2% vs market

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On the reaction day the stock moved 0.2 pts less than Nifty Smallcap 250 and 0.1 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Members approved 6 resolutions via postal ballot with voting ending 16 Dec 2025. Key changes: continuation of Madhu Dubhashi as independent director beyond age 75, reappointment of Keval Doshi for 5 years, appointment of new independents Raj Kamal and Pallavi Gokhale for 5 years each. Ashok Boob shifts from Managing Director to Executive Vice Chairman from 1 Apr 2026 to 27 Jul 2027. Siddhartha Sikchi elevated from Whole Time Director to MD for 5 years. All passed with over 91 percent approval.

Likely market impact

Internal management succession: Boob remains as Vice Chairman, Sikchi takes over as MD from April 2026, ensuring leadership continuity for shareholders.