Singapore-based investor Akash Prakash-owned Amansa Holdings has acquired an additional 1.1% equity stake in speciality chemicals manufacturer Clean Science and Technology through open market transactions on February 2. The transaction involved 11.79 lakh shares (equivalent to 1.1% of paid-up equity) for ₹93.39 crore, with the acquisition price for these shares at ₹791.84 per share. This brings Amansa Holdings' total stake in Clean Science to 1.26% as of December 2025, up from the previous holding. As per Moneycontrol News, the fund manager, which focuses on long-term investments and emphasizes bottom-up research on well-managed, financially disciplined companies with multi-year growth potential, further consolidated its position in the specialty chemicals firm.
Despite the stake acquisition, Clean Science shares fell more than 1% to close at a new all-time closing low of ₹799.7. However, as reported by Moneycontrol News, the stock recovered sharply from its intraday record low of ₹769.55 and formed a small bearish candle with a long lower shadow on the daily timeframe, signalling significant buying interest at lower levels. The specialty chemicals sector faces headwinds, including competitive pricing, tariff pressures, and muted demand, which have contributed to an 8% year-on-year revenue decline reported in Q2 FY26. Clean Science operates with a market capitalization of approximately ₹8,483 crore and a P/E ratio in the range of 31.2 to 34.7.
In related transactions, Jinkushal Industries, the heavy construction machinery refurbishing company, saw Royal Alpha Opportunity Fund acquire 1.96 lakh shares at ₹69.59 per share for ₹1.36 crore, while Vorton Opportunities Fund bought 3.92 lakh shares at ₹69.49 per share for ₹2.72 crore. According to Moneycontrol News, Jinkushal Industries shares fell 0.2% to close at ₹69.5 after intraday recovery. The company holds a market capitalization around ₹267 crore and a P/E ratio of approximately 12.7, with the broader Indian construction equipment market showing robust growth prospects with projections estimating a CAGR of around 25% over the next few years.
Lloyds Enterprises remained active in India Homes, acquiring an additional 75 lakh shares (1.88% stake) in the steel products maker at ₹13.3 per share for ₹9.97 crore. As reported by Moneycontrol News, this follows Lloyds Enterprises' earlier acquisition of 3.43% shareholding as of December 2025. However, M K Banka (HUF) offloaded 74.74 lakh shares (1.87% stake) at the same price for ₹9.94 crore, with India Homes shares declining 2.06% to ₹13.3 on the BSE. India Homes, with a market capitalization of approximately ₹540 crore, exhibits a negative P/E ratio and has reported consistent net losses, indicating significant financial challenges.
