NSESale or disposal19h ago · 30 Oct 2026, 07:59 pm

Sale or disposal

Clean Max Enviro Energy Solutions Limited · CLEANMAX

✦ AI SummaryDivestiture

Clean Max Enviro Energy Solutions Limited has informed the Exchange about sale of 2,600 shares consisting of 26% of the total paid-up share capital of Clean Max Alps Private Limited to Bayer Vapi Private Limited.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Clean Max Enviro Energy Solutions Limited has informed the Exchange about sale of 2,600 shares consisting of 26% of the total paid-up share capital of Clean Max Alps Private Limited to Bayer Vapi Private Limited

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CLEANMAX_30102026195909_Alps.pdf

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BSE Limited The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Maharashtra, India Maharashtra, India Scrip Code: 544717 Symbol: CLEANMAX Sub: Intimation for sale of shares held by Clean Max Enviro Energy Solutions Limited in its wholly owned subsidiary, Clean Max Alps Private Limited Ref: Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of Clean Max Enviro Energy Solutions Limited (“the Company”) on 30 October 2026 has approved the sale of 2,600 shares consisting of 26% of the total paid-up share capital of Clean Max Alps Private Limited to Bayer Vapi Private Limited. In compliance with the SEBI Listing Regulations and Securities and Exchange Board of India Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30 January 2026 (as amended), the details of the transaction are provided in Annexure A enclosed herewith. The same will be made available on the Company’s website www.cleanmax.com This is for your information, record, and appropriate dissemination. Thank you. Yours faithfully, For Clean Max Enviro Energy Solutions Limited (Formerly known as Clean Max Enviro Energy Solutions Private Limited) Ullash Parida Company Secretary and Compliance Officer Membership No.: FCS 8689 30 October 2026 Mumbai Encl: a\a Annexure A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Information of such events a) The amount and percentage of the Clean Max Alps Private Limited (CIN: turnover or revenue or income and U35105MH2024PTC436647) was incorporated under the net worth contributed by such unit Companies Act, 2013 on 18 December 2024 and has not or division or undertaking or contributed to turnover or revenue or income or net worth during subsidiary or associate Company of the last financial year. the listed entity during the last financial year b) Date on which the agreement for The Company will enter into Share Purchase Agreement on or sale has been entered into before 31 December 2026 or such other date as may be mutually agreed between Parties c) The expected date of completion of On or before 31 December 2026 or such other date as may be sale/disposal mutually agreed between Parties Consideration received from such The sale consideration of INR 26,000 for sale of 2,600 shares d) sale/disposal (26% of the total paid up share capital of Clean Max Alps Private Limited) will be received after execution of the Share Purchase Agreement between the Company, Clean Max Alps Private Limited and Bayer Vapi Private Limited e) Brief details of buyers and whether Bayer Vapi Private Limited (CIN: U99999GJ1990PTC049322) any of the buyers belong to the having its Registered Office at Plot No 306/3, 2nd Phase, GIDC, promoter/ promoter group/group Vapi, Gujarat, India, 396195 companies. If yes, details thereof The said buyer does not belong to the promoter/promoter group/group companies. f) Whether the transaction would fall No within related party transactions? If yes, whether the same is done at “arm’s length” g) Whether the sale, lease or disposal Not Applicable of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations f) Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/ merger, shall be disclosed by the listed entity with respect to such slump sale