Clean Max Enviro Energy Solutions Limited has informed the Exchange about execution of Share Purchase Agreement for sale of shares held by the Company in its wholly owned subsidiary, Clean Max Hana Private Limited to TCPL Packaging Limited
CLEANMAX · price
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Clean Max Enviro Energy Solutions has signed a Share Purchase Agreement to sell its entire stake in wholly owned subsidiary Clean Max Hana Private Limited to TCPL Packaging Limited on 9 March 2026. The transaction is expected to complete on or before 31 March 2026. The consideration is a nominal INR 26,000. Clean Max Hana was incorporated in June 2025 and has not contributed any turnover, revenue, income, or net worth, making it effectively a non-operational entity. The buyer is not related to the promoter or promoter group, and the deal is not a related party transaction.
This is a non-material event for shareholders — the subsidiary had no operations or financial contribution, and the sale price is token, so there is no meaningful impact on the company's financials or stock price.