Date: 23rd September, 2026
Regulatory Action Disclosure
Nature of Proceedings
Search and Seizure proceedings under Section 67 of the Maharashtra Goods and Services Tax Act, 2017 initiated by the Goods and Services Tax Department, State of Maharashtra.
Locations Affected
Proceedings conducted at:
- Registered Office of Clean Science and Technology Limited: Office No. 603 & 604, 6th Floor, Tower No. 15, Cybercity, Magarpatta City, Hadapsar, Pune, Maharashtra, 411 013
- Manufacturing units of the Company and its wholly owned subsidiary Clean Fino Chem Ltd. located at Kurkumbh, Daund
Timeline
Proceedings initiated on 23rd September, 2026 at 14:43 hours (2:43 p.m.). The company notes that further details of conclusion will be informed in due course.
Company Response
The Company is extending and shall continue to extend full co-operation to the concerned authorities. The Company is providing all necessary documents, papers, clarifications, and details as requested and has agreed to provide additional documents and details if sought by the GST Authority.
Impact Assessment
As per the disclosure, at present there is no material impact on the financials, business operations or any other activities of the Company due to the aforesaid Search and Seizure proceedings.
Compliance Details
Future Communications
The Company shall keep the Stock Exchanges informed of any updates and outcome in this matter. Any impact arising from the proceedings will be duly informed to the Stock Exchanges in accordance with applicable laws and regulations, as and when the same becomes available.