Clean Kerala Company Ltd.

The Board of Directors of the Company consists of the Honourable Minister for LSGD as Chairman, the Principal Secretary, LSGD, Secretary, Finance (Expenditure), Secretary, Planning, Director, Urban Affairs, Executive Director, Suchitwa Mission, Chairman of the Chamber of Municipal Chairmen and President of the Mayor's Forum.

During the initial period of the Company, the activities were quite dismal due to the paucity of working capital and clarity in the intervention area. Subsequently, as per the decisions of the Board of Directors, the Company has embarked upon the collection of non-biodegradable waste, especially plastic and E-waste. The materials collected were initially handed over to the recycling units for safe disposal.

The authorized share capital of the company as approved in GO (Ms) No 135/2013/LSGD dtd 30/3/2013 is Rs.10 crores comprising of 1,00,000 shares of Rs.1000/- each. As per the decision of the Extra Ordinary General Body meeting held on 24/3/2015, the authorized share capital of the company was increased to Rs.50 crores retaining the value of the shares and increasing the number of shares to 5 lakh. The government also in GO(Rt) No. 893/2014/LSGD dtd 26/3/2014 and GO(Rt) No 676/2015/LSGD dtd 9/3/2015 allowed the Municipal Corporations and Municipalities to invest in the shares of the company and by that the paid-up capital of the company raised to Rs.13/- crore.