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Clean Science Invests ₹50 Crore in Wholly Owned Subsidiary Clean Fino-Chem

Clean Science and Technology Limited

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January 8, 2026, 10:12 AM

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Clean Science and Technology Limited (CSTL) announced its subscription to an additional 8,36,121 equity shares of its wholly owned subsidiary, Clean Fino-Chem Limited (CFCL). The subscription, valued at ₹50,00,00,358 (Rupees Fifty Crores Three Hundred and Fifty-Eight Only), was made at a premium of ₹588 per share.

CFCL, incorporated on March 22, 2022, operates in the Speciality Chemicals industry. The additional capital infusion is primarily intended to fund CFCL's projects. The company has provided turnover details for CFCL for the last three financial years: ₹46.77 Crore for the year ended March 31, 2025, ₹1.92 Crore for the year ended March 31, 2024, and Nil for the year ended March 31, 2023.

The transaction, which occurred on January 8, 2026, at 02:58 PM IST, is considered a related party transaction as CFCL is a wholly owned subsidiary. However, it is confirmed to be an arm's length transaction, with no additional interest from promoters, promoter group, or group companies beyond what is stated.

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