Clean Science Promoter Group Member Acquires 6.24% Stake Through Gift Transfer
Nilima Krishnakumar Boob, a promoter group member of Clean Science & Technology Limited, has acquired a 6.24% stake (66,29,986 equity shares) through an inter-se gift transfer from other promoter group members. This internal transfer increases Nilima's shareholding from 0.09% to 6.33%, while the overall promoter group stake remains unchanged. The transaction is aimed at streamlining assets within the promoter group and has been reported to stock exchanges in compliance with SEBI regulations.

*this image is generated using AI for illustrative purposes only.
Clean Science & Technology Limited, a prominent player in the specialty chemicals sector, recently witnessed a significant change in its promoter group shareholding structure. Nilima Krishnakumar Boob, a member of the company's promoter group, has acquired a substantial 6.24% stake through an inter-se gift transfer from two other promoter group members.
Key Details of the Transaction
- Acquirer: Nilima Krishnakumar Boob
- Number of Shares Acquired: 66,29,986 equity shares
- Percentage Stake Acquired: 6.24%
- Mode of Transfer: Inter-se gift transfer among promoter group members
Impact on Shareholding
| Shareholder | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Nilima Krishnakumar Boob | 0.09% | 6.33% | +6.24% |
| Overall Promoter Group | Unchanged | Unchanged | No Change |
Transaction Insights
- Internal Transfer: This transaction was conducted as an internal transfer among family members within the promoter group.
- Purpose: The transfer aims to streamline assets and businesses within the promoter group.
- Regulatory Compliance: The company has duly informed the stock exchanges about this change in shareholding, in compliance with SEBI regulations.
Company Financial Snapshot
To provide context on Clean Science & Technology Limited's financial position, here's a brief overview of key balance sheet items:
| Financial Metric | Amount (in ₹ crore) | YoY Change |
|---|---|---|
| Total Assets | 1,607.80 | +14.95% |
| Shareholders' Capital | 1,416.40 | +17.72% |
| Current Assets | 799.00 | +21.12% |
| Fixed Assets | 714.50 | +12.33% |
The company has shown robust growth in its asset base and shareholders' capital, indicating a strong financial position amidst this internal shareholding restructuring.
Conclusion
While this transaction represents a significant shift in individual promoter holdings, it's important to note that the overall promoter group stake in Clean Science & Technology Limited remains unchanged. This internal transfer reflects the promoter group's strategy to optimize their asset structure, potentially aligning with long-term business objectives or family wealth management plans.
Investors and market observers should view this development as an internal reorganization rather than a change in the company's overall ownership or control structure. As always, it's advisable to monitor any future announcements or changes in the company's management or strategy that might follow such shareholding adjustments.
Historical Stock Returns for Clean Science & Technology
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.10% | -2.40% | -9.14% | -42.05% | -30.78% | -43.76% |















































