Clean Science & Technology , a prominent player in the Indian chemical industry, has announced a series of significant inter-se share transfers among its promoter group members. The company disclosed this information to the stock exchanges on November 19, 2025, in compliance with regulatory requirements.

Key Transfers

The proposed transfers, scheduled to take place on or after November 26, 2025, involve several promoter group members. The most notable transactions include:

1. Nilima Krishnakumar Boob is set to acquire a total of 66,29,986 equity shares (6.24% stake) from Prasad Krishnakumar Boob and Pooja Vivek Navandar.
2. Asha Ashok Boob will receive 86,19,490 equity shares (8.11% stake) from Parth Ashok Maheshwari and Nidhi Mohunta.
3. Siddhartha Ashok Sikchi will acquire 26,00,000 equity shares (2.45% stake) from Ashok Ramnarayan Boob.

Transaction Details

The company provided a detailed breakdown of the proposed transfers:

Regulatory Compliance

Clean Science & Technology emphasized that these transfers fall under the exemption provided in Regulation 10(1)(a)(i) and (ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption applies to inter-se transfers among qualifying persons, such as immediate relatives and promoter group members.

Impact on Shareholding

The company stated that the aggregate holding of the Promoter and Promoter Group will remain unchanged before and after these inter-se transactions. This indicates that the transfers are primarily a redistribution of shares within the promoter group rather than a change in overall control.

Rationale for Transfers

The company mentioned that the overall rationale is "to streamline the Family's assets and businesses." This suggests a strategic realignment of ownership within the promoter family.

Market Implications

As these transfers are within the promoter group and do not alter the group's overall stake in the company, they are unlikely to have a significant impact on the market price or control of Clean Science & Technology. However, investors and market analysts may closely watch for any subsequent changes in the company's management or strategic direction following this realignment of promoter shareholdings.

Clean Science & Technology has assured compliance with all relevant regulations, including those under SEBI's Listing Obligations and Disclosure Requirements (LODR) and Prohibition of Insider Trading Regulations. The company will execute these transfers through gift deeds, with no monetary consideration involved.

Shareholders and potential investors are advised to monitor any further announcements from the company regarding the completion of these transfers and any potential implications for the company's governance or strategy.

Clean Science & Technology Limited, a prominent player in the specialty chemicals sector, has disclosed plans for a significant inter-se transfer of equity shares within its promoter group. The company announced that promoter group members will transfer 1,78,49,476 equity shares, representing a 16.80% stake, through gift deeds among immediate relatives.

Key Details of the Transfer

• Transfer Date: On or after November 26, 2025
• Nature of Transfer: Off-market inter-se transfer through gift deeds
• Total Shares Involved: 1,78,49,476 equity shares (16.80% stake)
• Financial Consideration: No monetary consideration involved

Breakdown of the Transfer

The transfer will be executed among several promoter group members:

Regulatory Compliance

The company has stated that this inter-se transfer falls within the exemption provided under Regulation 10(1)(a)(i) and (ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As per the disclosure:

• The transfer is among immediate relatives within the promoter group.
• It is an off-market transaction with no monetary consideration.
• The aggregate holding of the Promoter and Promoter Group will remain unchanged before and after the transaction.

Purpose of the Transfer

According to the company's statement, the primary rationale behind this transfer is to streamline the family's assets and businesses. This move suggests a strategic realignment of ownership within the promoter group, potentially aimed at optimizing the family's overall asset structure.

Impact on Shareholding

While the inter-se transfer involves a significant portion of the company's equity, it's important to note that:

• The overall promoter group holding will remain unaffected.
• There will be no change in the company's management or control.
• The transfer does not involve any external parties or public shareholders.

Clean Science & Technology has informed the stock exchanges about this proposed transfer in compliance with regulatory requirements. The company has emphasized that all conditions specified under the relevant SEBI regulations have been duly complied with.

Investors and market participants may view this development as an internal reorganization within the promoter group, with no immediate impact on the company's operations or public shareholding structure.