Clean Science confirms no new encumbrances on shares in FY26

2 min read     Updated on 17 Jun 2026, 03:58 AM
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Clean Science and Technology Limited filed a disclosure with stock exchanges confirming no new encumbrances on shares by promoters for FY ended March 31, 2026. The declaration under SEBI regulations covers 23 entities, including individuals and trusts, listed as promoters and promoter group members.

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Clean Science and Technology Limited has confirmed that no new encumbrances were created on its shares by the promoters or promoter group during the financial year ended March 31, 2026. The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, states that no encumbrance has been made directly or indirectly other than those already disclosed to the stock exchanges during the year. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was submitted by Ashok Ramnarayan Boob on behalf of the promoters and promoter group. The document provides a comprehensive list of all entities covered under the declaration, categorizing them as either Promoters or members of the Promoter Group. The list includes key individuals and various business trusts associated with the company's leadership.

Promoters and Promoter Group Entities

The following table details the entities on whose behalf the declaration was submitted:

Name of Entity/Person Category
Ashok Ramnarayan Boob Promoter
Krishnakumar Ramnarayan Boob Promoter
Siddhartha Ashok Sikchi Promoter
Parth Ashok Maheshwari Promoter
Ashokkumar Ramkishan Sikchi HUF (Karta – Ashokkumar Ramkishan Sikchi) Promoter Group
Asha Ashok Boob Promoter Group
Nidhi Mohunta Promoter Group
Ashok Ramnarayan Boob HUF (Karta – Ashok Ramnarayan Boob) Promoter Group
Pooja Vivek Navandar Promoter Group
Prasad Krishnakumar Boob Promoter Group
Shradha Krishnakumar Boob Promoter Group
Nilima Krishnakumar Boob Promoter Group
Krishnakumar Ramnarayan Boob HUF (Karta - Krishnakumar Ramnarayan Boob) Promoter Group
Kunal Ashok Sikchi Promoter Group
Ashok Sikchi Promoter Group
Nandita Sikchi Promoter Group
Asha Ashok Sikchi Promoter Group
AAB Business Trust (Trustee - Asha Boob and Ashok Boob) Promoter Group
ARB Business Trust (Trustee - Ashok Ramnarayan Boob and Asha Boob) Promoter Group
ARS Business Trust (Trustee - Kunal Ashok Sikchi and Siddhartha Sikchi) Promoter Group
AAS Business Trust (Trustee - Kunal Ashok Sikchi and Siddharth Sikchi) Promoter Group
Shri Ramnarayan Boob Business Trust (Trustee – Nilima Krishnakumar Boob and Krishnakumar Boob) Promoter Group
Smt. Alaknanda Boob Business Trust (Trustee – Nilima Krishnakumar Boob and Krishnakumar Boob) Promoter Group
ASK Matrix Finances (Partners – Ashok Sikchi, Siddhartha Ashok Sikchi, and Kunal Ashok Sikchi) Promoter Group
Mars Finances (Partners - Siddhartha Ashok Sikchi and Asha Ashok Sikchi) Promoter Group

The filing, signed by Company Secretary & Compliance Officer Ruchita Vij, was submitted on April 6, 2026. Ashok Ramnarayan Boob affirmed that the disclosure submitted is true and correct.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%+1.45%+1.57%-13.46%-46.89%-50.88%

How will the absence of new encumbrances impact investor confidence in Clean Science and Technology's financial stability?

What are the potential strategic uses of the unencumbered promoter shares for future fundraising or expansion?

Could this clean status signal a shift in the company's capital structure or dividend policy in the coming year?

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Clean Science promoters restructure holdings via gifts

1 min read     Updated on 13 Jun 2026, 06:55 AM
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Clean Science and Technology Limited disclosed a series of inter-se transfers of equity shares among its promoter group members via gifts executed between June 8 and June 11, 2026. The transactions resulted in significant shifts in shareholding percentages among specific trusts and individuals within the promoter group, though the total holdings of the promoter group remained unchanged at 18.86% of the paid-up capital. The restructuring was undertaken to streamline the family's assets and businesses.

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Clean Science and Technology Limited disclosed a series of inter-se transfers of equity shares among its promoter group members via gifts executed between June 8 and June 11, 2026. The transactions resulted in significant shifts in shareholding percentages among specific trusts and individuals within the promoter group, though the total holdings of the promoter group remained unchanged at 18.86% of the paid-up capital. The restructuring was undertaken to streamline the family's assets and businesses.

Smt. Alaknanda Boob Business Trust acquired 58,00,000 equity shares, representing 5.46% of the total issued and paid-up capital. AAB Business Trust acquired 1,01,00,000 equity shares, accounting for 9.50% of the capital. ARB Business Trust acquired 33,00,000 equity shares, which represents 3.11% of the total equity. Asha Ashok Boob acquired 8,38,000 equity shares, increasing her holding by 0.79%.

On the selling side, Nilima Krishnakumar Boob sold 66,38,000 equity shares, reducing her stake by 6.25%. Ashok Ramnarayan Boob sold 33,00,000 equity shares, amounting to 3.11% of the total equity. Asha Ashok Boob sold 1,01,00,000 equity shares, representing 9.50% of the paid-up capital. Following these transactions, Asha Ashok Boob's final shareholding stands at 9,36,392 shares, or 0.88% of the total share capital.

The disclosures were made in compliance with Regulations 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's paid-up equity share capital was stated as 10,62,77,299 equity shares of ₹1 each, based on the capital base as of March 31, 2026. The transactions were off-market inter-se transfers without consideration, executed via gift deeds.

Share Transfer Details

Promoter Action Shares Percentage of Paid-up Capital
Smt. Alaknanda Boob Business Trust Acquired 58,00,000 5.46
AAB Business Trust Acquired 1,01,00,000 9.50
ARB Business Trust Acquired 33,00,000 3.11
Asha Ashok Boob Acquired 8,38,000 0.79
Nilima Krishnakumar Boob Sold 66,38,000 6.25
Asha Ashok Boob Sold 1,01,00,000 9.50
Ashok Ramnarayan Boob Sold 33,00,000 3.11

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%+1.45%+1.57%-13.46%-46.89%-50.88%

How will this redistribution of holdings among specific trusts impact the governance dynamics and voting power within the promoter group?

Does the increased concentration of shares in business trusts signal a shift towards a more structured succession planning strategy?

Could this restructuring be a precursor to further consolidation or potential divestment of non-core assets by the family?

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1 Year Returns:-46.89%