Tata Communications entered a Share Purchase Agreement to acquire a 26% stake in Clean Max Yuhdul Private Limited for ₹26,000.
The acquisition supports the company's sustainability goals by advancing carbon neutrality and improving energy cost efficiency.
The target SPV, incorporated in October 2025, operates in renewable energy but has not yet commenced operations.
The transaction is not a related party transaction and was completed for cash consideration on May 8, 2026.