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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AI Summary

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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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
-1.50%-4.27%-9.03%-39.26%-44.03%-57.81%
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Clean Science and Technology Completes 16.84% Stake Transfer Among Promoter Group

2 min read     Updated on 27 Nov 2025, 06:41 PM
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Clean Science & Technology Limited has completed an inter-se transfer of 1,78,89,476 equity shares (16.84% stake) within its promoter group through gift transactions. The transfer involved no monetary consideration and was executed off-market among immediate relatives. While specific transferees were named, including Siddhartha Ashok Sikchi, Asha Ashok Boob, and Nilima Krishnakumar Boob, exact share quantities for each were not disclosed. The company stated that the transfer complies with SEBI regulations and does not affect the aggregate promoter group holding or the company's management and control.

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Clean Science & Technology Limited, a prominent player in the specialty chemicals sector, has announced the completion of a significant inter-se transfer of equity shares within its promoter group. The company disclosed that promoter group members have transferred 1,78,89,476 equity shares, representing a 16.84% stake, through gift transactions among immediate relatives.

Key Details of the Transfer

  • Nature of Transfer: Off-market inter-se transfer through gift transactions
  • Total Shares Involved: 1,78,89,476 equity shares (16.84% stake)
  • Financial Consideration: No monetary consideration involved

Breakdown of the Transfer

The transfer was executed among several promoter group members:

Transferee Shares Acquired
Siddhartha Ashok Sikchi Not specified
Asha Ashok Boob Not specified
Nilima Krishnakumar Boob Not specified

While specific transferors and exact share quantities for each transferee were not provided, the company confirmed that some promoter group members reduced their holdings as part of this redistribution.

Regulatory Compliance

The company has stated that this inter-se transfer falls within the exemption provided under SEBI regulations. 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 remains unchanged before and after the transaction.

Impact on Shareholding

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

  • The overall promoter group holding remains unaffected.
  • There is 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 completed transfer in compliance with regulatory requirements. This development represents an internal reorganization within the promoter group, with no immediate impact on the company's operations or public shareholding structure.

Historical Stock Returns for Clean Science & Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-4.27%-9.03%-39.26%-44.03%-57.81%
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1 Year Returns:-44.03%