Clean Max Enviro Acquires 26% Stake in Clean Max Uno Pvt Ltd

Clean Max Enviro Energy Solutions Limited announced its Board of Directors has approved the acquisition of 17,357 shares, representing 26% of the paid-up share capital of its subsidiary, Clean Max Uno Private Limited, from Alicon Castalloy Limited. The acquisition price is set at INR 722 per equity share. Concurrently, the company also approved the sale of 26% stakes in two other wholly-owned subsidiaries, Clean Max Sau Private Limited and Clean Max Ni Private Limited, to Fortis Hospotel Limited and Sterling Biotech Limited, respectively. The details of these transactions are provided in annexures, with the acquisition of Clean Max Uno having a net worth of INR 4,68,38,394.61 as of FY '26 and no turnover.