StockWatch
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Commodity Chemicals
Shareholding12 Jun 2026, 11:04 am

Clean Science: Promoter Group Inter-se Share Transfer of 9.50%

AI Summary

Clean Science and Technology Ltd has disclosed an off-market inter-se transfer of 1,01,00,000 equity shares (9.50% of total share capital) from Asha Ashok Boob to AAB Business Trust. This transaction is among the promoter and promoter group and is exempt from open offer requirements under SEBI SAST Regulations 10(1)(a)(ii). The rationale is to streamline family assets and businesses. The aggregate holding of the promoter and promoter group remains unchanged post-transaction. The transfer was executed as a gift, with no consideration involved.

Key Highlights

  • Inter-se transfer of 1.01 crore shares (9.50%) by promoter group.
  • Transaction between Asha Ashok Boob and AAB Business Trust.
  • Exempt from open offer under SEBI SAST Regulations 10(1)(a)(ii).
  • No change in aggregate promoter and promoter group shareholding.
  • Transfer executed as a gift, no monetary consideration.