The Exchange has received the disclosure under Regulation 29(2) & 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddhartha Ashok Sikchi
CLEAN · price
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Awaiting price reaction for this filing.
Siddhartha Ashok Sikchi, a promoter of Clean Science and Technology Ltd, received 26 lakh equity shares (2.45% of paid-up capital) from Asha Ashok Boob (also a promoter) via an off-market inter-se transfer by way of gift on November 26, 2025, with no consideration involved. Post this transfer, Sikchi's individual stake in the company rose from 2.96% to 5.41%, crossing the 5% disclosure threshold under SEBI Takeover Regulations. This is a reshuffling within the promoter family and does not change the total promoter group holding in the company. The disclosure was filed under Regulation 29(1) and 29(2) of SEBI SAST Regulations, 2011.
There is no change in total promoter shareholding, so this is neutral for the stock. It is purely an internal reallocation of shares within the promoter family via gift and should not materially affect the share price.