Clean Max Sells Stakes in Three Wholly-Owned Subsidiaries

Percentage Stake Disinvested: 26% of total paid-up share capital (2,600 shares)
Post-Transaction Holding: 74% (reduction from 100% to 74%)
Counterparty/Buyer: Consortium comprising Schneider Electric India Private Limited (447 shares), Schneider Electric Presidents Systems Limited (201 shares), and Schneider Electric IT Business India Private Limited (1,952 shares)
Mode of Consideration: Cash
Consideration Amount: INR 26,000
Valuation or Price Basis: Not explicitly disclosed
Business Profile: Turnover for FY 2025-26 is Nil. Net worth as of 31 March 2026 is INR -0.05 million (0% of consolidated net worth)
Related Party Status: No - buyers do not belong to promoter/promoter group/group companies

Percentage Stake Disinvested: 26% of total paid-up share capital (2,600 shares)
Post-Transaction Holding: 74% (reduction from 100% to 74%)
Counterparty/Buyer: Tablespace Technologies Limited
Mode of Consideration: Cash
Consideration Amount: INR 26,000
Valuation or Price Basis: Not explicitly disclosed
Business Profile: Turnover for FY 2025-26 is Nil. Net worth as of 31 March 2026 is INR -0.09 million (0% of consolidated net worth)
Related Party Status: No - buyer does not belong to promoter/promoter group/group companies

Percentage Stake Disinvested: 49% of total paid-up share capital (4,900 shares)
Post-Transaction Holding: 51% (reduction from 100% to 51%)
Counterparty/Buyer: Willowood Industries Private Limited
Mode of Consideration: Cash
Consideration Amount: INR 49,000
Valuation or Price Basis: Not explicitly disclosed
Business Profile: Incorporated on 11 April 2026 under Companies Act, 2013. Has not contributed to turnover, revenue, income, or net worth during the last financial year.
Related Party Status: No - buyer does not belong to promoter/promoter group/group companies

Board Approval Date: 03 July 2026
Agreement Execution: Share Purchase Agreement to be entered into on or before 14 August 2026
Expected Completion Date: On or before 14 August 2026 or such other date as mutually agreed between parties
Consideration Receipt: After execution of Share Purchase Agreement
Related Party Transaction: No for all three transactions
Regulatory Compliance: Disclosure made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30 January 2026

The subsidiaries have minimal financial contribution to the company
Total consideration from all three transactions: INR 101,000
No material impact on consolidated net worth as subsidiaries contributed 0% to consolidated net worth

No other disclosures are present in the document.