Clean Max Enviro Energy Solutions Merger & Restructuring Worth ₹0.01 Cr
Clean Max sells 26% stakes in three subsidiaries for a combined ₹78,000. The company also appoints Vipin Balan as Head – Projects.
- Value
- ₹0.01 Cr
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Clean Max sells 26% stakes in three subsidiaries for a combined ₹78,000. The company also appoints Vipin Balan as Head – Projects.
Clean Max approved selling 49% of subsidiary Clean Max Dynamis to Sunvik Steels for ₹0.0049 Crore. SPA execution deadline is 31 December 2026.
Clean Max Enviro Energy Solutions approved selling 26% of Clean Max Muoi and 49% of Clean Max Chin. Total consideration for these stake sales is Rs. 0.01 Crore.
Clean Max Enviro Energy Solutions Limited announced the amalgamation of its four wholly-owned subsidiaries with itself. No new shares or cash consideration will be issued.
Clean Max Enviro Energy Solutions will sell 26% stakes in two subsidiaries and acquire a 26% stake in Clean Max Uno for a total of ₹1.26 Crore.