The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
CLEAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Clean Science and Technology Ltd has informed the exchanges about a proposed inter-se transfer of 66,29,986 equity shares (6.24% of equity capital) among promoter group members by way of gift, effective on or after 26th November 2025. Promoter group member Nilima Krishnakumar Boob will receive 34,24,000 shares (3.22%) from Prasad Krishnakumar Boob and 32,05,986 shares (3.02%) from Pooja Vivek Navandar. No consideration is involved as the transfer is by way of a Gift Deed. After the transaction, Nilima's holding will rise from 0.09% (1,00,000 shares) to 6.33% (67,29,986 shares), while the aggregate promoter and promoter group holding remains unchanged. The transfer is exempt from the open offer requirement under Regulation 10(1)(a)(i) and (ii) of SEBI (SAST) Regulations, 2011, and the stated rationale is to streamline the family's assets and businesses.
This is an internal reshuffle within the promoter family with no change in total promoter group stake, so it is neutral for the stock price and existing shareholders. No open offer obligation is triggered, and the change only redistributes shares among family members.