Key Event Details
The 23rd Annual General Meeting will be held on Saturday, 12th September 2026 at 12:00 Noon (IST) through Video Conference/Other Audio-Visual Means without physical attendance.
Business Items to be Transacted
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY 2025-26 with Board of Directors and Auditors reports
2. Adoption of Audited Consolidated Financial Statements for FY 2025-26 with Auditors report
3. Confirmation of interim dividend of ₹2 (200%) per equity share and declaration of final dividend of ₹4 (400%) per equity share of ₹1 each for FY 2025-26
4. Re-appointment of Mr. Krishnakumar Ramnarayan Boob (DIN: 00410672) as Whole-Time Director who retires by rotation
Special Business:
5. Ratification of remuneration payable to Cost Auditors M/s. Dhananjay V. Joshi & Associates, Cost Accountants, Pune (Firm Registration No. 000030) for FY 2026-27 amounting to ₹3,30,000 plus applicable taxes and reimbursement of out-of-pocket expenses
6. Appointment of Mr. Krishnakumar Satyanarain Saboo (DIN: 11863005) as Whole-Time Director for 5 years from 1st August 2026 to 31st July 2031 with proposed remuneration of ₹10.25 million per annum
7. Approval for payment of commission to Non-Executive Directors for FY 2026-27 not exceeding 0.2% of net profits subject to overall ceiling of 1% of net profits
Dividend Information
- Register of Members and Share Transfer Books will remain closed from Sunday, 6th September 2026 to Saturday, 12th September 2026 (both days inclusive)
- Final dividend payment date: Wednesday, 30th September 2026
- Cut-off date for dividend eligibility: Saturday, 5th September 2026
- Total dividend for FY 2025-26: ₹6 per share (₹2 interim + ₹4 final) representing 600%
Director Appointments Details
Mr. Krishnakumar Ramnarayan Boob:
- Qualification: Bachelor's degree in Pharmacy from University of Bombay
- Experience: 27+ years in chemical industry
- Current remuneration: ₹24.43 million per annum
- Proposed remuneration: ₹24.44 million per annum
- Holds 9,752 equity shares under ESOP scheme
- Brother of Mr. Ashok R. Boob
- Member of CSR Committee and Finance Committee
Mr. Krishnakumar Satyanarain Saboo:
- Qualification: B.Sc. Tech. (ICT) from University of Bombay, Bachelor's Degree in Science with Chemistry specialization from South Gujarat University
- Experience: 37+ years in production planning, process improvement, project management
- Current position: Group President (Operations)
- Proposed remuneration: ₹10.25 million per annum
- Term: 5 years from 1st August 2026 to 31st July 2031
- Holds 9,752 equity shares under ESOP scheme
Voting Arrangements
- Remote e-voting period: Tuesday, 8th September 2026 (9:00 AM IST) to Friday, 11th September 2026 (5:00 PM IST)
- e-Voting Event Number (EVEN): 140677
- Scrutiniser: M/s. J. B. Bhave and Co., Practicing Company Secretary (Proprietor Mr. Jayavant B. Bhave, ICSI Membership No FCS-4266, CP-3068)
- Results to be declared within 2 working days after AGM and hosted on company website
Tax Compliance Information
- TDS on dividend: 10% for residents with valid PAN, 20% for invalid PAN/non-linking with Aadhaar
- No TDS for resident individuals if total dividend ≤ ₹10,000 or Form 121 submitted
- Special provisions for insurance companies, mutual funds, AIFs, NPS Trust
- Non-resident shareholders: 20% TDS plus applicable surcharge and cess, with DTAA benefits available
- Documents submission deadline: 5th September 2026
Electronic Communication
- Annual report and notice sent electronically to members with registered email IDs
- Documents available on company website: https://cleanscience.co.in/wp-content/uploads/2026/08/CSTL-AR-2025-26_final.pdf
- Physical copies not dispatched to any member
Additional Information
- AGM conducted through VC/OAVM in compliance with MCA Circular No. 03/2025 dated 22nd September 2025
- Venue deemed to be Registered Office: Office No. 603 & 604, 6th Floor, Tower No. 15, Cybercity, Magarpatta City, Hadapsar, Pune, Maharashtra 411013
- Speaker registration required for participation during AGM
- Quorum requirements as per Section 103 of Companies Act, 2013