Key Transaction Details
- The Board of Directors of Clean Max Enviro Energy Solutions Limited approved the sale on 16 October 2026.
- The company will sell 2,600 shares of Clean Max Hachi Private Limited, representing 26% of the total paid-up share capital of the subsidiary.
- The sale consideration is INR 26,000.
Subsidiary Financial Information
Clean Max Hachi Private Limited (CIN: U35105MH2026PTC472489) was incorporated under the Companies Act, 2013 on 17 June 2026. The subsidiary has not contributed to turnover, revenue, income, or net worth during the last financial year.
Transaction Timeline
- Share Purchase Agreement expected to be executed on or before 30 November 2026, or such other date as mutually agreed between parties.
- Transaction completion expected on or before 30 November 2026, or such other date as mutually agreed.
- Sale consideration will be received after execution of the Share Purchase Agreement.
Counterparty Information
The buyer is Chambal Fertilisers and Chemicals Limited (CIN: L24124RJ1985PLC003293) with its Registered Office at Gadepan, District Kota, Rajasthan - 325208, India. The buyer does not belong to the promoter/promoter group/group companies of Clean Max.
Additional Information
The disclosure was signed by Ullash Chandra Parida, Company Secretary and Compliance Officer (Membership No.: FCS 8689) on 16 October 2026 in Mumbai. The full disclosure is available on the company's website www.cleanmax.com.