Intimation for sale of 2,600 shares held by Clean Max Enviro Energy Solutions Limited in its wholly owned subsidiary, Clean Max Yuhdul Private Limited to TATA Communications Limited
CLEANMAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Clean Max Enviro Energy Solutions Limited has received board approval to sell its 100% stake in Clean Max Yuhdul Private Limited to TATA Communications Limited. The transaction is valued at INR 26,000 and is expected to be completed by 30 June 2026. Clean Max Yuhdul Private Limited was only incorporated on 23 October 2025 and has not yet contributed any revenue or income. The sale is not a related party transaction and TATA Communications does not belong to the promoter group of Clean Max.
With the subsidiary having no operational history or revenue contribution, this transaction has minimal financial impact on Clean Max. The sale represents a relatively small corporate action and is unlikely to significantly affect the company's stock price.