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As on : 31-Jul-2026
Corporate News
31-Jul-2026     23:20

Clean Science used Rs. 599 crore for debt repayment, per a CARE Ratings report

Clean Science and Technology Ltd. has utilized approximately Rs. 599.00 crore for debt repayment and Rs. 29.95 crore for general corporate purposes, according to a monitoring agency report by CARE Ratings Ltd. as of June 30, 2026. The report indicates that Rs. 97.86 crore was incurred for issue expenses, with Rs. 12.07 crore remaining unutilized in the public offer account. While the company experienced delays of two days and three months in completing certain objectives, it maintains this was in compliance with the offer document. The report notes revisions to initially proposed costs for debt repayment and general corporate purposes, as well as higher-than-anticipated issue expenses. CARE Ratings Ltd. emphasizes that the report is based on information provided by the company and third-party sources and does not constitute financial or legal advice.

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