Clean Science & Technology Ltd has infomed to the exchange regarding agreement to acquire immovable property.

The Cornpany on September 20, 2021 has entered into an agreement to assignment of lease to acquire Plot No. D-2, MIDC Kurkumbh, Taluka Daund, Dist. Pune, admeasuring 1,32,681.50 Sq. Mtr. alongwith 14,065.90 Sq. Mtr. building constructed thereon from Shree Samrat Pulp and Paper Private Lirnited for a consideration of Rs32.01cr, subject to obtaining various approvals and permissions from the concerned authorities including MIDC, to set up an additional manufacturing facility.

At around 2:10 PM, Clean Science & Technology was trading at Rs2,026.30 per piece up by Rs99.85 or 5.18%, after hitting 52-week high at Rs2,050.05 per piece.

The current market cap of the company is Rs20,462.55cr.