The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Ramnarayan Boob
CLEAN · price
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Promoter Ashok Ramnarayan Boob has transferred 26,00,000 equity shares of Clean Science and Technology Ltd to other promoters via gift (inter-se transfer) on November 26, 2025. As a result, his individual stake in the company has reduced from 5.90% to 3.45%, a decrease of 2.45% of the paid-up share capital. No consideration was involved as the transfer was executed through a Gift Deed. The company's total share capital remains unchanged at Rs. 10,62,73,791 divided into 10,62,73,791 equity shares of Rs. 1 each.
This is a non-cash inter-se promoter transfer (reshuffling among promoter family members) with no change in total promoter holding or company fundamentals, so it is largely neutral for shareholders. However, the individual promoter's reduced stake below 5% means any further sales would not trigger the same disclosure threshold.