Key Transaction Details

Clean Science and Technology Limited's wholly-owned subsidiary, Clean-Fino Chem Limited, has entered into definitive agreements for a long-term strategic collaboration with Geneus Chem AG (GC), a company incorporated under the laws of Switzerland with offices at Mattenstrasse 22, 4058 Basel, Switzerland.

Target Entity Information

Geneus Chem AG is a Swiss startup company incorporated in 2022 that is engaged in the business of research, development, sales, manufacturing, trading, export and import of chemical products, particularly advanced grades of HALS (Hindered Amine Light Stabilizers) Products. Based on available information, GC is not operating at a significant scale including in terms of revenues.

Agreement Structure

The collaboration involves:

  • A long-term manufacturing/supply agreement under which the Subsidiary will manufacture advanced grades of HALS Products for GC
  • GC will issue warrants to the Subsidiary exercisable within four years from the date of issuance
  • Upon exercise of warrants, the Subsidiary will acquire 25% of the share capital of GC on a fully diluted basis
  • No consideration is payable by the Subsidiary for subscription to share warrants
  • At the time of exercise, the Subsidiary will be required to pay a nominal price per company share to GC

Transaction Parties and Date

The definitive agreements were executed on July 16, 2026 between:

  • Clean-Fino Chem Limited (wholly-owned subsidiary of Clean Science)
  • Geneus Chem AG
  • The co-founders of GC

GC and its co-founders are not related to Clean Science and Technology Limited, and the transaction does not constitute a related party transaction.

Commercial Terms

The definitive agreements include customary commercial terms for a long-term supply collaboration, including provisions relating to:

  • Minimum offtake commitments
  • Pricing mechanism
  • Product specifications
  • Non-compete obligations
  • Supply obligations
  • Confidentiality
  • Intellectual property
  • Representations and warranties
  • Indemnities
  • Term and termination
  • Dispute resolution

Geographic Scope and Exclusivity

The manufacturing operations will be undertaken domestically in India, while the advanced grades of HALS Products will be sold domestically as well as internationally on a worldwide 'exclusive basis'.

Strategic Rationale

The collaboration is in line with the Company's business strategy and is expected to support its specialty chemicals portfolio.

Advisors

Lodha Capital Markets Ltd acted as the financial advisor and AZB & Partners as the legal advisor to the Company for this strategic collaboration agreement.

Additional Information

The intimation is also being uploaded on the company website at www.cleanscience.co.in.