Promoter Group Acquires 66 Lakh Shares in Clean Science and Technology Ltd. to Streamline Family Assets
Clean Science and Technology Ltd. has seen an off-market inter-se transfer of equity shares involving promoter group members, aimed at streamlining the family's assets and businesses. The transaction involved two promoters acquiring a total of 66,38,000 equity shares from a seller within the promoter group.Smt. Alaknanda Boob Business Trust acquired 58,00,000 equity shares, while Asha Ashok Boob acquired 8,38,000 equity shares in Clean Science and Technology Limited (CSTL). The acquisition was executed via way of gift, meaning no consideration was involved for the transaction.
The total number of shares transferred was 66,38,000 equity shares. The seller in this inter-se transfer was Nilima Krishnakumar Boob, holding 67,29,986 shares.
Transaction Details and Shareholding Impact
The acquisition details show that the promoter group members, Smt. Alaknanda Boob Business Trust and Asha Ashok Boob, increased their holdings in the company following this transfer. The transaction was recorded on June 8, 2026.The movement in shareholding for the relevant entities is detailed below:
| Entity | Pre-Transaction Shares Held (No.) | Post-Transaction Shares Held (No.) |
|---|---|---|
| Smt. Alaknanda Boob Business Trust | N/A | 58,00,100 |
| Asha Ashok Boob | N/A | 8,38,000 |
The pre-transaction and post-transaction shareholding details for the entities involved are as follows:
| Entity | Pre-Transaction Share Holding (No.) | Pre-Transaction Percentage (%) | Post-Transaction Share Holding (No.) | Post-Transaction Percentage (%) |
|---|---|---|---|---|
| Smt. Alaknanda Boob Business Trust | N/A | N/A | 58,00,100 | 5.46 |
| Asha Ashok Boob | N/A | N/A | 8,38,000 | 0.79 |
| Total Acquirers | 66,38,100 | 6.25 | ||
| Nilima Krishnakumar Boob (Seller) | 67,29,986 | 6.33 | 91,986 | 0.09 |
The aggregated shareholding of the promoter group entities saw changes in total shares held as detailed below:
| Entity Group | Pre-Transaction Shares Held (No.) | Pre-Transaction Percentage (%) | Post-Transaction Shares Held (No.) | Post-Transaction Percentage (%) |
|---|---|---|---|---|
| Smt. Alaknanda Boob Business Trust | N/A | N/A | 58,00,100 | 5.46 |
| Asha Ashok Boob | N/A | N/A | 8,38,000 | 0.79 |
| Total Promoter Group (Acquirers) | 66,38,100 | 6.25 |
The total pre-transaction shareholding of the promoter group stood at 1,01,98,492 shares, representing 9.60% of the total capital. Following the transaction, the total post-transaction holdings of Smt. Alaknanda Boob Business Trust and Asha Ashok Boob amounted to 1,68,36,492 shares, translating to 15.84% of the total share capital.
The pre-transaction holding of Nilima Krishnakumar Boob was 67,29,986 shares, representing 6.33%. Post-transaction, her holdings stood at 91,986 shares, accounting for 0.09%.
CLEAN Stock Price Movement
On Wednesday, Clean Science and Technology Limited shares shed 2.41%, settling at ₹752.55 as the market closed. The stock saw a volume of 116,627 shares traded throughout 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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