Clean Max acquires 26% in Clean Max Uno, sells stakes in two subsidiaries
CLEANMAX · price
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Clean Max Enviro Energy Solutions board approved three deals on 24 July 2026. It will acquire 26 percent (17,357 shares) in Clean Max Uno Private Limited from Alicon Castalloy at INR 722 per share, totaling INR 1.25 crore. Post this, Clean Max Uno becomes its wholly owned subsidiary. It will sell 26 percent stakes in two newly incorporated subsidiaries, Clean Max Sau and Clean Max Ni, to Fortis Hospotel and Sterling Biotech respectively for INR 26,000 each. None of the buyers are related parties.
Minor restructuring. Acquisition of about 1.25 crore makes Clean Max Uno fully owned; sales are nominal since the two subs had no revenue.