AAB Business Trust, a promoter group member, has acquired 1,01,00,000 equity shares in Clean Science and Technology Limited on June 10, 2026, through an inter-se transfer by way of gift. This acquisition increases AAB Business Trust’s shareholding to 9.50% of the company’s paid-up share capital. The total share capital of the company remains unchanged at ₹10,62,77,299, divided into equity shares of ₹1 each.
Significant Shareholding Increase for AAB Business Trust
AAB Business Trust, acting as a Promoter group member and acquirer, has officially announced the acquisition of a substantial stake in Clean Science and Technology Limited. The transaction, which took place on June 10, 2026, involved the acquisition of 1,01,00,000 equity shares. This acquisition was executed through an inter-se transfer mechanism within the promoter group, specifically by way of a gift, with no consideration involved.
Impact on Shareholding
Following this acquisition, the shareholding of AAB Business Trust in Clean Science and Technology Limited has risen to 9.50% of the company’s paid-up share capital. Prior to this transaction, on March 31, 2026, the trust held 0.00% of the company’s shares. The acquisition effectively marks the initial entry of AAB Business Trust into holding a significant percentage of the company’s equity.
Company Capital Structure Unchanged
Despite the change in shareholding percentages for individual promoter group members, the overall paid-up equity share capital of Clean Science and Technology Limited remains stable at ₹10,62,77,299. This capital is divided into 10,62,77,299 equity shares, each with a face value of ₹1. The disclosure notes that even with potential ESOP allotments, the capital base considered for this disclosure is as of March 31, 2026.
Regulatory Compliance
The disclosure has been made in accordance with Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. AAB Business Trust has submitted the requisite disclosures in the prescribed format to the relevant stock exchanges, namely BSE Limited and the National Stock Exchange of India Limited, as well as to the Company Secretary & Compliance Officer of Clean Science and Technology Limited.
Transaction Details
The mode of acquisition is detailed as an ‘off-market inter-se transfer of shares by way of Gift,’ with the execution of a Gift Deed confirming the transaction. The date of acquisition, or rather the receipt of intimation, is recorded as June 10, 2026.
Key Holding Figures:
- Before Acquisition: 100 shares (0.00% voting rights)
- Acquisition: 1,01,00,000 shares (9.50% voting rights)
- After Acquisition: 1,01,00,100 shares (9.50% voting rights)
The total diluted share capital remains consistent, reflecting the same equity share capital as the total share capital.
Source: BSE
