AAB Business Trust Acquires 9.50% Stake in Clean Science and Technology Ltd via Inter-set Transfer
AAB Business Trust, a member of the promoter group of Clean Science and Technology Limited, has completed an acquisition that significantly boosted its holding in the company. The transaction involved the receipt of equity shares through an inter-set transfer among promoter group members.The acquisition was finalized on June 10, 2026. AAB Business Trust acquired 1,01,00,000 equity shares of Clean Science and Technology Limited. This purchase brought AAB Business Trust's total shareholding to 9.50%, an increase from its previously reported holding of 0.00% as of March 31, 2026.
The acquisition was executed via an off-market inter-set transfer through a gift deed, meaning no consideration was involved in the transaction.
Transaction Details and Stake Increase
As per the disclosed details, AAB Business Trust acquired the shares from Clean Science and Technology Limited (listed on BSE Ltd and National Stock Exchange of India Ltd). The transaction highlights the following shareholding dynamics:| Metric | Before Acquisition Holding | Acquisition Details | After Acquisition Holding |
|---|---|---|---|
| Shares Carried Voting Rights | 100 (Representing 0.00% of diluted capital) | 1,01,00,000 shares acquired (9.50%) | 1,01,00,100 shares (9.50%) |
| Nature of Transfer | N/A | Off-market Inter-set transfer by way of Gift Deed | N/A |
| Capital Base (Pre-acquisition) | Rs. 10,62,77,299 / 10,62,77,299 equity shares | Acquisition Date: 10/06/2026 | Post-acquisition Capital Basis |
| Total Diluted Share/Voting Capital | As per earlier filing requirements | N/A | Rs. 10,62,77,299 / 10,62,77,299 equity shares |
The transaction resulted in the acquisition of 1,01,00,000 voting rights carrying shares, representing 9.50% of the total diluted share/voting capital of Clean Science and Technology Limited (TC).
Company Capital Update Note
While the specific acquisition transaction was recorded against a pre-acquisition capital base of Rs. 10,62,77,299 divided into 10,62,77,299 equity shares of Rs. 1/- each, it is noted that the company's paid up equity share capital subsequently increased to 10,62,82,520 equity shares following an Employee Stock Option Plan (ESoP) allotment on June 8, 2026.CLEAN Stock Price Movement
Clean Science and Technology Limited shares are edging higher to ₹756.1 as of 11:04 AM today, rising by 2.02% in live trading. The stock has traded within a range established by the day's low of ₹748.50 and a high of ₹759.45, with 70,914 shares accounted for in transactions.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.