Clean Science and Technology Limited has completed an inter-se transfer of equity shares among its promoter and promoter group members. This transaction, conducted via off-market gift, involved no consideration. The filing adheres to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency in shareholding changes within the promoter group. The total shares transferred represent 18.86% of the company’s equity.
Inter-Se Promoter Share Transfer
Clean Science and Technology Limited has reported the completion of an off-market, inter-se transfer of equity shares among members of its Promoter and Promoter Group. This transaction was executed as a gift, meaning no consideration was exchanged between the parties involved. The company has submitted a report under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to formalize this transfer. This move is a part of the ongoing compliance procedures for significant shareholding changes within the promoter cadre.
Shareholding Details
The aggregate number of shares transferred in this inter-se transaction amounts to 2,00,38,000 equity shares, representing 18.86% of the total issued and paid-up share capital of Clean Science and Technology Limited. The transfers were executed on June 10, 2026.
Key Transactions and Transfers
The disclosure details several key transfers:
- Ashok Ramnarayan Boob transferred 33,00,000 shares (3.11% stake) as a gift to ARB Business Trust.
- Asha Ashok Boob transferred 1,01,00,000 shares (9.50% stake) as a gift to AAB Business Trust.
- Nilima Krishnakumar Boob transferred 8,38,000 shares (0.79% stake) as a gift to Asha Ashok Boob.
- Nilima Krishnakumar Boob also transferred 58,00,000 shares (5.46% stake) as a gift to Alaknanda Business Trust.
These transactions are in compliance with Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which provides an exemption for inter-se transfers among promoters and promoter group entities without consideration.
Regulatory Compliance
The company and the transferees have ensured timely filings with the stock exchanges and SEBI. The disclosures were submitted on various dates around June 22-23, 2026, following the transaction dates, adhering to the stipulated timelines under the Takeover Regulations.
Source: BSE
