The Exchange has sought clarification from Clean Science And Technology Limited with respect to recent news item captioned Clean Science stock sees heavy volumes following 'punching error' during block trade. The response from the Company is attached.
CLEAN · price
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Awaiting price reaction for this filing.
Clean Science clarified to NSE/BSE regarding a news item about heavy trading volumes following a 'punching error' during a block deal. Promoters Ashok Boob, Krishnakumar Boob, and Parth Maheshwari intended to sell up to ~24% of their shareholding through brokers including Spark Institutional Equities (SIEPL). SIEPL reportedly entered sell orders for a significantly higher number of shares than authorized due to an error at their end. Promoters confirmed actual sale remains capped at ~24% and are awaiting a detailed explanation and remedial steps from SIEPL. The company stated it is not aware of any other information affecting price or volume behaviour.
This is a clarification, not a regulatory action — the ~24% promoter stake sale is sizeable and may exert supply pressure on the stock, but the trading itself was reportedly an error by the broker. Short-term volatility is possible as the market digests the clarification, though the company asserts no other undisclosed price-sensitive information exists.