Clean Max to sell stakes in two subsidiaries to Relaxo, VVDN

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

-0.8%Reaction day

₹1244.50

prior close

₹1237.70

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.9% vs market

Power Generation peers, median of 28sector-0.8%+0.1% vs sector

On the reaction day the stock moved 0.9 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

+0.3

10m

+0.2

15m

+0.1

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.1-0.9-0.8+0.1

Next day

-0.3+0.5-0.8-1.5+1.2

+0.6-0.1+0.6-2.2+2.8

-2.3+0.4-2.7-1.5-0.8

+2.2+0.7+1.5-1.7+3.9

+0.8+0.9-0.1-0.6+1.5

-4.9+1.1-6.0-1.5-3.4

15d

+10.5+1.6+8.9-3.2+13.7

+6.1-0.7+6.8-4.8+10.9

-1.6-3.2+1.7-10.4+8.8

—————

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 will sell 26% in Clean Max Muoi to Relaxo Footwears for INR 26,000 and 49% in Clean Max Chin to VVDN Technologies for INR 49,000. Both subsidiaries were incorporated in June 2026 and have not contributed to revenue or net worth. Total deal value is INR 75,000. Share Purchase Agreements to be executed by 30 October 2026. Buyers are unrelated to promoters.

Likely market impact

Negligible financial impact; total consideration is just INR 75,000 from newly formed subsidiaries with no revenue.