Clean Science allots shares under employee stock option scheme

Clean Science and Technology Limited, a leading innovator in chemical sciences, announced the allotment of 2,708 equity shares with a face value of Re. 1 each to eligible employees on December 6, 2025. This allotment was made under the Clean Science and Technology Limited Employee Stock Option Scheme 2021 ("CSTL ESOS 2021"), following approval by the nomination and remuneration committee.

This allotment increases the company's paid-up share capital from Rs. 10,62,73,791 to Rs. 10,62,76,499. The shares were issued at an issue price of Rs. 500 per share, comprising a face value of Re. 1 and a premium of Rs. 499 per equity share. The new shares will rank pari passu with existing shares.

The company previously received 'in principle' approval for 1,00,000 equity shares on June 9, 2022, and for 2,50,000 equity shares on September 25, 2023, from BSE under CSTL ESOS 2021. Corresponding approvals were also obtained from NSE on June 16, 2022, and September 25, 2023.