ARBBusinessTrust Acquires 3.11% Stake in Clean Science and Technology Ltd through Inter-set Gift Transfer
Clean Science and Technology Limited saw a significant transfer of equity shares as part of an inter-set transaction among its promoter group members. The transaction involved the gift of 33,00,000 equity shares to ARBBusinessTrust, which is a member of the Promoter Group.The off-market inter-set transfer was completed on June 10, 2026. ARBBusinessTrust acquired the shares from promoter group member Ashok Ramnarayan Boob. The transaction was conducted at Nil price, as it was executed by way of gift, meaning no consideration was involved for the acquisition.
The primary rationale given for this transfer was to streamline the Family's assets and businesses.
This strategic asset movement resulted in changes to the promoter group’s shareholding pattern. ARBBusinessTrust acquired 33,00,000 equity shares, representing 3.11% of the total share capital of Clean Science and Technology Limited (CSTL).
The company's stock exchange details are BSE Scrip Code: 543318 and NSE Symbol: CLEAN.
Promoter Group Shareholding Details
Details regarding the acquisition and subsequent changes in shareholding, both pre and post transaction, are summarized below:| Entity | Role | Pre-Transaction Shares (No.) | Pre-Transaction Holding (%) | Post-Transaction Shares (No.) | Post-Transaction Holding (%) |
|---|---|---|---|---|---|
| ARBBusinessTrust | Acquirer/Donee | 100 | 0.00 | 33,00,100 | 3.11 |
| Total (Acquirer) | 100 | 0.00 | 33,00,100 | 3.11 | |
| Ashok Ramnarayan Boob | Seller/Donor | 36,71,510 | 3.45 | 3,71,510 | 0.35 |
| Total (Seller) | 36,71,510 | 3.45 | 3,71,510 | 0.35 |
The acquisition was performed by ARBBusinessTrust and represents a transfer of 33,00,000 shares in favor of the Trust from Ashok Ramnarayan Boob.
CLEAN Stock Price Movement
Shares of Clean Science and Technology Limited slipped today, shedding 1.27% to settle at ₹741.1 in post-market trading. The stock saw a total traded volume of 96,089 shares during the session.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.
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