Investment7 May 2026, 07:31 am
Clean Max Enviro: Investment Agreement Amended with Apple India
AI Summary
Clean Max Enviro Energy Solutions Ltd has amended its investment agreement with Apple India Private Limited and Clean Max Taurus Private Limited. The amended agreement, dated May 6, 2026, revises the terms of the original agreement from December 19, 2025. As part of the amended agreement, Clean Max and Apple India will acquire equity shares of Clean Max Taurus Private Limited, subject to certain conditions. Additionally, Clean Max has amended share purchase agreements related to the sale of its shareholding in Clean Max Ganga, Kruger and Sapphire to Taurus, with these SPVs continuing to be held through Taurus.
Key Highlights
- Clean Max amends investment agreement with Apple India and Clean Max Taurus.
- Clean Max and Apple India to acquire equity shares of Taurus.
- Clean Max amends share purchase agreements for Ganga, Kruger and Sapphire SPVs.
- Identified SPVs will continue to be held by Clean Max through Taurus.
- Apple India will hold approximately 49% of the shareholding of Taurus.