Acquisition of Massmunch Company Limited in Thailand

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

CLEANMAX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹1326.70

prior close

₹1329.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.1%-3.8% vs market

Power Generation peers, median of 28sector-0.3%-2.4% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Smallcap 250 and 2.4 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

-0.5

15m

+0.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7+1.1-3.8-0.3-2.4

Next day

-2.4+1.5-3.9+0.2-2.6

-2.1+1.5-3.6+1.1-3.2

-5.3+0.3-5.6-0.2-5.1

-3.4+0.4-3.7-0.5-2.8

-7.7-0.8-6.9-1.4-6.3

-9.8-4.1-5.7-5.8-4.0

15d

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UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Clean Max Enviro's step-down Thai subsidiaries will acquire 100% of Massmunch Company Limited, a Thailand-based renewable energy firm with no turnover, for Thai Baht 1.25 million in cash. The deal supports solar energy capacity expansion in Thailand. Massmunch becomes a step-down wholly owned subsidiary. Completion is expected by 31 October 2026. The transaction is not a related party deal.

Likely market impact

Small deal size with limited immediate financial impact, but it enables the company's solar renewable energy growth in Thailand.