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.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
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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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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