Clean Science and Technology Limited announced an inter-se transfer of equity shares among its promoter and promoter group members. This realignment will occur through gift deeds and involves key promoters such as Ashok Ramnarayan Boob, Nilima Krishnakumar Boob and Asha Ashok Boob. A total of 1,78,49,476 equity shares, representing 16.80% of the company’s total share capital, will be transferred on or after November 26, 2025.
Promoter Group Share Transfer
Clean Science and Technology Limited has disclosed an upcoming inter-se transfer of equity shares amongst its Promoters and Promoter Group members. The transfer will take place through the execution of gift deeds, involving key individuals within the group.
Key Details of the Transfer
The inter-se transfer involves a total of 1,78,49,476 equity shares, which accounts for approximately 16.80% of the company’s total share capital. The transaction is scheduled to occur on or after November 26, 2025.
Individuals Involved
Key individuals participating in this transfer include:
- Ashok Ramnarayan Boob transferring shares to Siddhartha Ashok Sikchi
- Parth Ashok Maheshwari and Nidhi Mohunta transferring shares to Asha Ashok Boob
- Prasad Krishnakumar Boob and Pooja Vivek Navandar transferring shares to Nilima Krishnakumar Boob
Specific Transfers
Notable individual transfers include:
- Ashok Ramnarayan Boob will transfer 26,00,000 shares to Siddhartha Ashok Sikchi (2.45%)
- Parth Ashok Maheshwari and Nidhi Mohunta will transfer 28,09,745 (2.64%) and 58,09,745 (5.47%) shares respectively to Asha Ashok Boob
- Prasad Krishnakumar Boob and Pooja Vivek Navandar will transfer 34,24,000 (3.22%) and 32,05,986 (3.02%) shares respectively to Nilima Krishnakumar Boob
Rationale for the Transfer
This transfer is an inter-se transaction amongst the promoter group and immediate relatives, falling under specific exemptions. The aggregate holding of the Promoter and Promoter Group will remain the same before and after this transaction.
Source: BSE