Clean Science Board Approves Director Appointments & Financial Results

Clean Science and Technology’s Board approved the unaudited standalone and consolidated financial results for Q2 FY26. They’ve also recommended shareholder approval for director continuations and appointments, including Mr. Raj Kamal and Ms. Pallavi Gokhale, each for five-year terms. Mr. Ashok Boob’s role will change to Executive Vice Chairman, and Mr. Siddhartha Sikchi will become Managing Director, effective April 1, 2026.

Financial Results Approved

The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26). The board has recommended these results to the shareholders.

Directorate Changes and Appointments

The board has recommended several directorate changes, subject to shareholder approval via postal ballot:

  • Continuation of Ms. Madhu Dubhashi as a Non-Executive Independent Director.
  • Re-appointment of Mr. Keval Navinchandra Doshi as a Non-Executive Independent Director for a second term of five years, effective February 6, 2026.
  • Appointment of Mr. Raj Kamal as a Non-Executive Independent Director for five years starting November 6, 2025.
  • Appointment of Ms. Pallavi Gokhale as a Non-Executive Independent Director for a five-year term from November 6, 2025.

Executive Role Changes

Subject to approval, there will be changes in executive roles within the company:

  • Mr. Ashok Ramnarayan Boob will transition from Managing Director to Whole Time Director – Executive Vice Chairman, effective April 1, 2026.
  • Mr. Siddhartha Ashok Sikchi will move from Whole Time Director to Managing Director, also effective April 1, 2026.

Financial Performance Highlights (Standalone)

Key figures from the standalone financial results include:

  • Total Income for Q2 FY26 stood at ₹2,184.05 million compared to ₹2,384.31 million in Q2 FY25.
  • Profit Before Tax for Q2 FY26 was ₹859.29 million against ₹937.38 million for Q2 FY25.
  • Total Comprehensive Income for Q2 FY26 reached ₹646.39 million versus ₹674.18 million in the corresponding quarter of the previous year.

Financial Performance Highlights (Consolidated)

  • Total Income for Q2 FY26 at ₹2,512.68 million compared to ₹2,492.00 million in Q2 FY25.
  • Profit Before Tax for Q2 FY26 was ₹748.62 million against ₹832.00 million for Q2 FY25.

Source: BSE

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