Clean Science and Technology Completes Inter-Set Transfer of Shares, Acquiring 1 Crore Units
Clean Science and Technology Limited has completed a significant inter set transfer of equity shares involving its promoter group members. The transaction involved AABBusinessTrust acquiring 1,01,00,000 equity shares from AshaAshokBoob, with the deal structured as a gift resulting in nil consideration being exchanged for the stock.The acquisition was executed on June 10, 2026. According to the details of the transaction, the rationale provided for the transfer is to streamline the family's assets and businesses within the group structure.
AABBusinessTrust, identified as a Promoter Group Member/Acquirer, acquired the shares from AshaAshokBoob. The acquisition involved AABBusinessTrust acquiring 1,01,00,000 equity shares of Clean Science and Technology Limited, which constituted 9.50% of the total Share Capital prior to or after the transfer, as detailed in Annexure-1.
The transaction significantly altered the shareholding profile of both entities involved:
| Stakeholder | Role | Pre-Transaction Shares | Pre-Transaction % | Post-Transaction Shares | Post-Transaction % |
|---|---|---|---|---|---|
| AABBusinessTrust | Acquirer/Promoter Group Member | 100 | 0.00 | 1,01,00,100 | 9.50 |
| AshaAshokBoob | Transferor/Donor | 1,01,98,392 | 9.60 | 98,392 | 0.09 |
The details of the acquisition confirm that AABBusinessTrust's shareholding increased to account for 9.50% of the total shares after the transaction, while AshaAshokBoob's holding decreased to 0.09%. This inter set transfer ensures compliance with internal group structuring objectives for both parties.
CLEAN Stock Price Movement
Shares of Clean Science and Technology Limited are edging higher at 11:08 AM, as the stock climbs by 2.1% to trade at ₹756.7. The equity sees robust trading interest in the live market, with 71,507 shares transacted so far today.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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