Clean Max to sell 49 percent stake in subsidiary Clean Max Dynamis to Sunvik Steels

Strategic Transactions View source PDF Explain this filing

CLEANMAX · price

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

-0.4%Reaction day

₹1400.00

prior close

₹1400.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.2% vs market

Power Generation peers, median of 28sector-0.6%+0.1% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.1 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

+0.2

10m

+0.4

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.2-0.2-0.6+0.1

Next day

+1.4-0.1+1.5-1.0+2.5

-5.6-3.4-2.2-3.8-1.8

-8.5-3.5-5.0-2.9-5.6

-5.7-2.7-3.0-3.1-2.6

-8.6-1.1-7.5-1.6-7.0

-1.1-0.8-0.2-2.0+0.9

15d

-6.7-2.9-3.9-4.6-2.1

-7.8-3.5-4.3-7.9+0.1

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UpDownMarket · Nifty Microcap 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 board approved sale of 4,900 shares (49 percent) in its wholly owned subsidiary Clean Max Dynamis Private Limited to Sunvik Steels Private Limited for INR 49,000. Clean Max Dynamis was incorporated on 28 July 2026 and has not contributed to revenue or net worth. After the sale, Clean Max will hold 51 percent, so the entity remains a subsidiary. Buyer is not a related party. Share Purchase Agreement expected by 31 December 2026.

Likely market impact

Sale is small at INR 49,000 for a newly formed, zero-revenue subsidiary. Clean Max retains 51 percent control. Minimal financial impact on shareholders.