StockWatch
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Commodity Chemicals
Tax & Penalty24 Sept 2026, 09:54 pm

Clean Science & Tech: GST Search & Seizure at Offices

AI Summary

Clean Science and Technology Ltd. and its wholly owned subsidiary, Clean Fino Chem Ltd., are undergoing Search and Seizure proceedings initiated by the GST Department of Maharashtra State. The proceedings commenced on September 23, 2026, at the company's registered office in Pune and its manufacturing units in Kurkumbh, Daund. The company is cooperating fully with the authorities and providing requested information. At present, no material impact on the company's financials or operations has been reported. Further updates will be communicated to the stock exchanges as they become available.

Key Highlights

  • GST authorities initiated Search and Seizure proceedings.
  • Proceedings conducted at registered office and manufacturing units.
  • Company is cooperating fully with GST authorities.
  • No material impact on financials or operations reported currently.