Re-appointment of Whole time directors subject to the approval of shareholders in ensuing AGM
Awaiting price reaction for this filing.
Clean Science and Technology reported FY25 consolidated revenue from operations of Rs. 9,666.44 million, up about 22% from Rs. 7,914.85 million in FY24. Consolidated profit for the year rose to Rs. 2,644.05 million from Rs. 2,440.26 million, with EPS of Rs. 24.88 (vs Rs. 22.97). The Board recommended a final dividend of Rs. 4 per share (400% on face value of Re. 1), subject to shareholder approval at the upcoming AGM. Two promoter Whole Time Directors – Mr. Krishnakumar Ramnarayan Boob and Mr. Siddhartha Ashok Sikchi – were recommended for re-appointment for a fresh 5-year term from April 1, 2026 to March 31, 2031. J B Bhave & Co., Company Secretaries was also appointed as Secretarial Auditor for five years from FY26 to FY30. Price Waterhouse issued an unmodified audit opinion on the results.
Positive for shareholders: strong revenue growth, higher profits, and a healthy dividend continue. Re-appointment of existing promoter directors signals management continuity, with no governance disruption expected.