Broker Error Triggers Clean Science Stock Crash

  Published 7 months ago

Clean Science’s stock plunged after a broker mistakenly sold far more shares than promoters authorized.

  • Around 20% equity moved in a block deal, triggering a 7% early‑trade drop that today.
  • The company clarified the error as a ‘punching error’, with promoters planning up to 24% stake sale.
  • Promoters retain majority control; post‑sale holdings stay above 50%, with 74.97% currently held by the company.

You might like these

PTC India FY25: Profit Up Despite Revenue Dip

India's General Insurance Sector Shows Growth

Power Grid Q4 FY25 Net Profit Marginally Down to ₹4,143 Crore

Paper Stocks Rally on DGFT Import Floor

Govt to Buy Back Bonds Worth ₹30,000 Cr

India's Net Non-Resident Claims Drop to $330 Billion in Q4 2024-25

Trump Targets India Over Russian Oil Trade

News that matters the most ⚡