Acquisitions29 Jan 2026, 06:53 pm
Cummins India Ltd Completes Acquisition of 8.78% Stake in Clean Max
AI Summary
Cummins India Ltd has completed the acquisition of a 8.78% stake in Clean Max Yellowstone Private Limited. This is pursuant to a Shareholders’ Agreement (SHA) for investment in Clean Max, which was entered into in December 2025. The second and final tranche of the agreed investment has been made for a consideration of Rs. 2,69,58,260/-. This brings the total investment pursuant to the SHA to completion. There are no changes in relevant details as provided in the earlier intimation dated December 18, 2025.
Key Highlights
- Cummins India Ltd has completed the acquisition of a 8.78% stake in Clean Max Yellowstone Private Limited.
- The acquisition is pursuant to a Shareholders’ Agreement (SHA) entered into in December 2025.
- The second and final tranche of the agreed investment has been made for a consideration of Rs. 2,69,58,260/-.
- This brings the total investment pursuant to the SHA to completion.
- There are no changes in relevant details as provided in the earlier intimation dated December 18, 2025.