Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time
CLEANMAX · price
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Apple India Private Limited has completed its acquisition of equity shares in Clean Max Taurus Private Limited on 14 May 2026, via a private placement. Following this transaction, Clean Max Taurus Private Limited has ceased to be a wholly owned subsidiary of Clean Max Enviro Energy Solutions Limited (the listed entity). The company had previously disclosed this development on 07 May 2026. This is a regulatory intimation under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 30.
The loss of a wholly owned subsidiary through partial dilution by Apple India is a material corporate event. Shareholders should monitor the impact on the company's consolidated financials and future revenue contribution from the divested entity.