Main Disclosure – Disinvestment and Acquisition Details
Sale Transactions
Target Entity 1: Clean Max Sau Private Limited
- Percentage Stake Disinvested: 26% of total paid-up share capital (2,600 shares)
- Counterparty/Buyer: Fortis Hospotel Limited (wholly owned subsidiary of Fortis Healthcare Limited)
- Mode of Consideration: Cash
- Consideration Amount: INR 26,000
- Expected Agreement Date: On or before 31 August 2026
- Expected Completion Date: On or before 31 August 2026 or mutually agreed date
- Related Party Status: No
- Business Profile: Incorporated on 02 June 2022 (CIN: U35105MH2022PTC472126). Has not contributed to turnover, revenue, income or net worth during the last financial year.
Target Entity 2: Clean Max Ni Private Limited
- Percentage Stake Disinvested: 26% of total paid-up share capital (2,600 shares)
- Counterparty/Buyer: Sterling Biotech Limited
- Mode of Consideration: Cash
- Consideration Amount: INR 26,000
- Expected Agreement Date: On or before 30 September 2026
- Expected Completion Date: On or before 30 September 2026 or mutually agreed date
- Related Party Status: No
- Business Profile: Incorporated on 11 April 2022 (CIN: U35105MH2022PTC470339). Has not contributed to turnover, revenue, income or net worth during the last financial year.
Acquisition Transaction
Target Entity: Clean Max Uno Private Limited
- Percentage Stake Acquired: 26% of total paid-up share capital (17,357 shares)
- Seller: Alicon Castalloy Limited
- Post-Transaction Holding: Clean Max Uno Private Limited will become wholly owned subsidiary of Clean Max Enviro Energy Solutions Limited
- Mode of Consideration: Cash
- Valuation: INR 722 per equity share
- Total Consideration: INR 1,25,39,936
- Industry: Renewable energy generation
- Rationale: To enable growth and further development
- Related Party Status: Yes, but transaction is at arm's length basis
- Approvals Required: Not Applicable
- Expected Completion Date: 31 August 2026
- Business Profile: Incorporated on 06 April 2023 (CIN: U35105MH2023PTC400242)
- Net Worth: INR 4,68,38,394.61 (as of FY '26)
- Turnover: INR 0 (as of FY '26), INR 0 (as of FY '25)
- Country Presence: India
Board Approval and Compliance
- Approval Date: 24 July 2026
- Regulatory Reference: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Additional Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30 January 2026
- Disclosure will be made available on company website: www.cleanmax.com
Other Updates
No other disclosures are present in the document.