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

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:

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.

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.