Clean Max Sells Stakes in Subsidiaries to Relaxo, VVDN

Clean Max Enviro Energy Solutions Limited's Board of Directors has approved the sale of stakes in two wholly-owned subsidiaries. The company will sell 26% of Clean Max Muoi Private Limited to Relaxo Footwears Limited for ₹26,000 and 49% of Clean Max Chin Private Limited to VVDN Technologies Private Limited for ₹49,000. Both subsidiaries were incorporated recently and have not yet contributed to the company's turnover or net worth. Share purchase agreements are expected to be finalized by October 30, 2026, with completion on or before the same date.