Clean Science and Technology announced an off-market inter-se transfer of 2,600,000 equity shares. The transfer, constituting 2.45% of the company’s total share capital, occurred between promoter group members, specifically from Ashok Ramnarayan Boob to Siddhartha Ashok Sikchi. This transaction streamlines the family’s assets and businesses and falls under exemptions of SEBI regulations. The aggregate holding of the promoter group remains unchanged.
Promoter Share Transfer Details
Clean Science and Technology announced on November 27, 2025, an off-market inter-se transfer of shares amongst its promoter group. The transaction involves 2,600,000 equity shares.
Transaction Breakdown
The transfer constitutes 2.45% of the total share capital of Clean Science and Technology. The shares were transferred from Ashok Ramnarayan Boob to Siddhartha Ashok Sikchi. This is an inter-se transfer and has been done to streamline the Family’s assets and businesses.
Regulatory Compliance
This transaction qualifies for exemptions under Regulations 10(1)(a)(ii) of the SEBI SAST Regulations. The aggregate holding of the Promoter and Promoter group before and after the above inter-se transaction remains the same. The disclosure was made under Regulations 10(6) of the SEBI SAST Regulations, following an earlier intimation on November 19, 2025.
Shareholding Pattern
Following the transaction, Siddhartha Ashok Sikchi’s shareholding increased from 2.96% (3,150,425 shares) to 5.41% (5,750,425 shares). Ashok Ramnarayan Boob’s shareholding decreased from 5.90% (6,271,510 shares) to 3.45% (3,671,510 shares).
Source: BSE
