Clean Science & Technology Ltd., a prominent player in the Indian chemical industry, recently addressed confusion surrounding reported significant block trading activity.

Clarification on Trading Volume

A Clean Science Tech executive has stated that a punching error by Spark Avendus resulted in extraordinary trading volume. The company clarified that the block deal involved only 24% equity, contrary to earlier reports of larger transactions.

Initial Reports

Previous reports had suggested substantial block trades on both major exchanges:

The combined block trades were initially reported to be worth over Rs 2,531.11 crores.

Corrected Information

With the company's clarification, it is now understood that these figures were the result of a punching error and do not accurately reflect the actual trading activity. The block deal involved a significantly smaller portion of equity than initially reported.

However, some verified transactions did take place:

• Norway-based Norges Bank purchased 14.62 lakh shares worth Rs 158 crore at Rs 1,077.68 per share, representing a 9% discount to the previous closing price of Rs 1,180.80.
• Nippon India Mutual Fund emerged as the largest buyer, acquiring 31.15 lakh shares for Rs 335 crore at Rs 1,075.20 per share.
• SBI Mutual Fund purchased 27.52 lakh shares for Rs 296 crore.
• Bajaj Allianz Life Insurance bought 8 lakh shares worth Rs 86 crore.

The transactions involved promoters Asha Ashok Boob and Ashok Ramnarayan Boob selling over 1.9 crore shares, representing approximately 20% stake in the company.

Market Response

Clean Science shares closed 2.8% lower at Rs 1,147.80. The stock has experienced significant declines with a 24.46% drop over the past year and 23.36% decline year-to-date.

About Clean Science and Technology

Clean Science and Technology Ltd. is known for its focus on developing eco-friendly technologies and processes in the chemical industry. The company specializes in manufacturing functionally critical specialty chemicals and has gained recognition for its innovative approaches to sustainable chemical production.

Investor Considerations

This incident highlights the importance of verifying information and waiting for official clarifications before drawing conclusions about market activities. Investors and analysts are advised to rely on official company statements and verified data when assessing stock movements and making investment decisions.

As always, thorough research and professional advice are recommended before making any investment choices. The company's prompt clarification demonstrates its commitment to transparency in communications with the market and its shareholders.

Clean Science & Technology Limited (CSTL) has announced another significant capital infusion of ₹50 crore into its wholly owned subsidiary, Clean Fino-Chem Limited (CFCL). This latest investment, disclosed in a regulatory filing, follows previous investments and demonstrates the company's continued commitment to strengthening its speciality chemicals operations.

Latest Investment Details

The recent investment was executed through a rights issue on January 8, 2026, where CSTL subscribed to an additional 8,36,121 equity shares of Clean Fino-Chem. The transaction details are presented below:

Cumulative Investment Pattern

This marks the latest in a series of investments by CSTL in its subsidiary, with previous capital infusions documented in March 2022, October 2022, February 2024, and January 2025. The company has now invested a total of ₹120 crore across multiple tranches, including the previous ₹70 crore investment.

Clean Fino-Chem's Performance Trajectory

Clean Fino-Chem, incorporated on March 22, 2022, has demonstrated remarkable growth in the speciality chemicals sector:

Strategic Rationale

According to the regulatory disclosure, the additional capital will be primarily utilized for funding CFCL's ongoing projects. This investment strategy aligns with CSTL's objective to expand its presence in the speciality chemicals market through its subsidiary operations.

Transaction Framework

The investment maintains the established transaction structure:

• Related Party Transaction: CFCL remains a wholly owned subsidiary of CSTL
• Arm's Length Basis: The transaction was conducted at fair market terms
• Ownership Structure: CSTL continues to hold 100% ownership of CFCL
• Industry Focus: Speciality chemicals manufacturing and sales
• Consideration: 100% cash subscription to equity share capital

This continued investment underscores Clean Science & Technology Limited's strategic focus on building its speciality chemicals capabilities through Clean Fino-Chem, which has shown substantial revenue growth since its incorporation.