Annual general meeting of the Cell for the 2015-2016 financial year was held on October 05, 2016 at the board room of the Faculty of Science, University of Colombo. Mr. Thilak Karunaratne Council member of the University of Colombo as well as the Chairman and Managing Director of Multiform Chemicals Pvt. Ltd and  Mr. Sanjeewa Gunawardena Executive Director E.B. Creasy Group were participated as chief guests. Three new board members were elected at the event for the department of Zoology, Department of Mathematics, Department of Physics and for the Department of Chemistry.

Handing over the license agreement for the Bio clean between Darley Buttler and Colombo Science & Technology Cell was the main event of the Cell AGM 2015-2016. This was a historical event for the Cell as well as for the University since it was the first license agreement between a private company and the University for a FMCG product.