Sells 26 percent stake in subsidiary Clean Max Hachi to Chambal Fertilisers

Marquee Jv AnnouncedStrategic 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

-4.4%Reaction day

₹1282.00

prior close

₹1289.50

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%-3.3% vs market

Power Generation peers, median of 28sector-1.4%-3.0% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Smallcap 250 and 3.0 pts less 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

-1.8

10m

-1.7

15m

-2.2

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.4-1.1-3.3-1.4-3.0

Next day

-5.6-3.4-2.2-5.3-0.2

-6.6-4.4-2.2-6.3-0.4

-8.0-7.1-0.9-9.0+1.0

-9.3-6.1-3.2-7.9-1.4

-4.8pendingpending-4.7-0.0

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15d

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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 is selling 2,600 equity shares (26 percent of paid-up capital) of its wholly owned subsidiary Clean Max Hachi Private Limited to Chambal Fertilisers and Chemicals Limited for INR 26,000. Clean Max Hachi was incorporated in June 2026 and has not yet contributed any revenue or net worth. The share purchase agreement is expected by 30 November 2026. Chambal is not a related party.

Likely market impact

Strategic move to bring Chambal Fertilisers as a JV partner in a new subsidiary. Minimal financial impact given the small consideration and zero revenue from the entity.