Clean Science Promoter Parth Maheshwari Gifts 28.09 Lakh Shares, Reduces Stake to 0.09%

2 min read     Updated on 28 Nov 2025, 12:11 PM
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Reviewed by
Ashish TScanX News Team
Overview

Parth Ashok Maheshwari, a promoter of Clean Science & Technology, transferred 28,09,745 equity shares as a gift to another promoter on November 26, 2025. This inter-se transfer reduced Maheshwari's stake from 2.74% to 0.09% of the company's paid-up share capital, a decrease of 2.65 percentage points. The overall promoter group stake remains unchanged. Clean Science & Technology's financial metrics show strong growth, with total assets at ₹1,604.90 crore and shareholders' capital at ₹1,456.70 crore, indicating a solid position in the specialty chemicals market.

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*this image is generated using AI for illustrative purposes only.

Clean Science & Technology , a prominent player in the specialty chemicals sector, recently witnessed a significant change in its promoter shareholding. Parth Ashok Maheshwari, a promoter of the company, transferred 28,09,745 equity shares as a gift to another promoter on November 26, 2025. This inter-se transfer among promoters has resulted in a substantial reduction in Maheshwari's stake in the company.

Key Details of the Share Transfer

Aspect Details
Promoter Name Parth Ashok Maheshwari
Shares Transferred 28,09,745
Transfer Date November 26, 2025
Transfer Type Gift (Inter-se transfer among promoters)
Previous Shareholding 2.74%
Current Shareholding 0.09%
Decrease in Shareholding 2.65 percentage points

This transfer has led to a significant decrease in Maheshwari's shareholding, from 2.74% to 0.09% of the company's paid-up share capital. It's important to note that this transaction was executed as a gift, indicating that no monetary consideration was involved in the transfer.

Impact on Company Structure

While this transfer represents a substantial change in Maheshwari's individual holding, it's crucial to understand that the shares were transferred to another promoter. This suggests that the overall promoter group's stake in Clean Science & Technology remains unchanged. Such inter-se transfers among promoters are common and often done for various reasons, including family wealth distribution or internal restructuring of promoter holdings.

Company Financial Overview

To provide context on Clean Science & Technology's financial position, here's a snapshot of key financial metrics based on the latest available data:

Financial Metric Value (₹ in crore) Year-on-Year Change
Total Assets 1,604.90 17.09%
Shareholders' Capital 1,456.70 19.83%
Current Assets 645.50 9.24%
Investments 907.30 36.21%
Reserve & Surplus 1,446.10 20.01%

The company has shown robust growth in its financial position, with significant increases in total assets, shareholders' capital, and investments compared to the previous year. This strong financial foundation suggests that the company is well-positioned in the specialty chemicals market.

Conclusion

The share transfer by Parth Ashok Maheshwari represents a significant change in his individual stake in Clean Science & Technology. However, as the transfer was made to another promoter, it does not affect the overall promoter group holding. Investors and market watchers may want to keep an eye on any further changes in the promoter shareholding pattern and the company's continued financial performance in the coming quarters.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-0.26%-12.87%-35.88%-28.79%-42.34%
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Clean Science Promoter Asha Boob Acquires 8.11% Stake Through Inter-se Gift Transfer

1 min read     Updated on 28 Nov 2025, 11:58 AM
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Reviewed by
Radhika SScanX News Team
Overview

Asha Ashok Boob, a promoter group member of Clean Science & Technology Limited, has acquired an 8.11% stake (86,19,490 shares) through an inter-se gift transfer from fellow promoters Parth Ashok Maheshwari and Nidhi Mohunta on November 26, 2025. This transaction increases Asha Ashok Boob's shareholding from 1.49% to 9.60%, while the overall promoter group holding remains unchanged. The company's financial metrics show strong growth, with total assets at ₹1,604.90 crore and shareholders' capital at ₹1,456.70 crore as of March 2025.

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*this image is generated using AI for illustrative purposes only.

Clean Science & Technology Limited, a prominent player in the Indian specialty chemicals sector, recently witnessed a significant change in its promoter group shareholding. Asha Ashok Boob, a member of the company's promoter group, has acquired a substantial 8.11% stake through an inter-se gift transfer from fellow promoter group members.

Key Details of the Transaction

  • Acquirer: Asha Ashok Boob
  • Number of Shares Acquired: 86,19,490
  • Percentage of Paid-up Share Capital: 8.11%
  • Mode of Acquisition: Inter-se gift transfer
  • Date of Acquisition: November 26, 2025
  • Transferors: Parth Ashok Maheshwari and Nidhi Mohunta

Impact on Shareholding

Shareholder Before Acquisition After Acquisition Change
Asha Ashok Boob 1.49% 9.60% 8.11%

It's important to note that this transaction is an internal transfer among promoter group members, and therefore, the overall promoter group holding remains unchanged.

Company Financial Overview

Clean Science & Technology Limited has shown robust financial growth over the years. As of March 2025, the company's balance sheet reflects a strong financial position:

Financial Metric Value (₹ in crore) YoY Change
Total Assets 1,604.90 17.09%
Shareholders' Capital 1,456.70 19.83%
Investments 907.30 36.21%
Current Assets 645.50 9.24%

The company has demonstrated significant growth across various financial parameters, indicating a solid financial foundation and potential for future expansion.

Conclusion

This inter-se transfer within the promoter group of Clean Science & Technology Limited highlights the internal restructuring of shareholdings. While it doesn't affect the overall promoter holding, it does represent a significant increase in Asha Ashok Boob's individual stake in the company.

Investors and market watchers may want to keep an eye on any potential implications this might have on the company's governance and decision-making processes, although no immediate impact on day-to-day operations is expected from such transfers within the promoter group.

As Clean Science & Technology Limited continues to show strong financial performance, stakeholders will likely be interested in how this change in individual promoter shareholding might influence the company's strategic direction in the coming years.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-0.26%-12.87%-35.88%-28.79%-42.34%
Clean Science & Technology
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