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

Strategic 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

+3.6%Reaction day

₹854.50

prior close

₹869.70

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.1%+1.4% vs market

Power Generation peers, median of 28sector+1.7%+1.9% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Smallcap 250 and 1.9 pts more 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

+0.7

10m

+0.5

15m

+0.2

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6+2.1+1.4+1.7+1.9

Next day

+0.9+1.7-0.8+1.6-0.7

+5.6+1.3+4.3+5.2+0.5

+4.4-1.4+5.8+2.4+2.0

-0.1-1.7+1.6+1.4-1.5

+4.8-1.2+6.0+1.6+3.3

-0.7-2.1+1.4+4.0-4.7

15d

-5.2-2.3-2.9+2.7-7.9

+0.9+4.6-3.7+11.6-10.7

+44.8+14.5+30.3+25.3+19.5

+59.7+11.4+48.3+13.4+46.3

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 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.

Likely market impact

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.