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

Clean Science and Technology Limited has accepted the resignation of Sanjay Kothari as Non-Executive Non-Independent Director effective June 10, 2026. The resignation was submitted due to his pre-occupation, and the Board confirmed there are no other material reasons or circumstances associated with the departure. The company stated that the move does not impact the Board composition as per Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013.

The Board of Directors approved the resignation through a resolution passed by circulation on June 10, 2026. Kothari has served on the Board since nearly the company's inception and also resigned from all committees of the Board on which he served. He confirmed that the resignation is solely due to the stated reasons.

Regulatory Disclosures

The intimation was made to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was also made in accordance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Director Details