clean max enviro energy solutions Board of Directors approved the acquisition of a 26% stake in Clean Max Uno Private Limited and the sale of minority stakes in two other subsidiaries on July 24, 2026. The move consolidates control over its renewable energy generation arm while monetizing portions of its newer subsidiaries. The acquisition of Clean Max Uno is valued at ₹1.25 crore, while the sales of stakes in Clean Max Sau and Clean Max Ni will each fetch ₹26,000.

The Board authorized the purchase of 17,357 equity shares in Clean Max Uno Private Limited from Alicon Castalloy Limited at a price of ₹722 per share. This transaction brings the total consideration to ₹1,25,39,936. Post-acquisition, Clean Max Uno will become a wholly owned subsidiary of Clean Max Enviro Energy Solutions Limited. Clean Max Uno, incorporated on April 6, 2023, operates in the renewable energy generation sector. As of FY26, it reported a net worth of ₹4,68,38,394.61 but had nil turnover.

Simultaneously, the company approved the sale of 2,600 shares, representing 26% of the paid-up capital, in Clean Max Sau Private Limited to Fortis Hospotel Limited. Fortis Hospotel is a wholly owned subsidiary of Fortis Healthcare Limited. The transaction value for this stake is ₹26,000. Clean Max Sau was incorporated on June 2, 2026, and has not contributed to the parent company’s turnover or net worth in the last financial year.

In a parallel move, Clean Max Enviro Energy Solutions Limited agreed to sell 2,600 shares (26% stake) in Clean Max Ni Private Limited to Sterling Biotech Limited for ₹26,000. Clean Max Ni was incorporated on April 11, 2026, and similarly has not contributed to revenue or net worth during the last financial year. Both buyers, Fortis Hospotel and Sterling Biotech, are unrelated to the promoter group of Clean Max Enviro Energy Solutions Limited.

Transaction Details

The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations. The company confirmed that the acquisition of Clean Max Uno constitutes a related party transaction as Alicon Castalloy Limited is an existing shareholder, though the deal is structured at an arm’s length basis. The sales of stakes in Clean Max Sau and Clean Max Ni are not classified as related party transactions. Share Purchase Agreements for the sales are expected to be executed by late August and September 2026, respectively.

Promoters of clean max enviro energy solutions have declared that no encumbrance was created on their shares during the financial year ending 31 March 2026. The disclosure, made by Promoter Kuldeep Jain on behalf of the Promoter Group, confirms that no shares were pledged directly or indirectly during this period. This assurance covers the timeframe from the company's listing date on 02 March 2026 through to 31 March 2026.

The declaration was submitted pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing specifies that the only exceptions to this declaration are encumbrances already disclosed in the prospectus dated 25 February 2026 and those already captured in the depository system.

Promoter and Promoter Group Details

The disclosure encompasses a total of 28 entities classified as either Promoters or members of the Promoter Group. The list includes individuals and corporate entities associated with the company.

The letter, dated 10 April 2026, was signed in Mumbai and addressed to the stock exchanges for information and dissemination. A copy was also marked to the Audit Committee of Clean Max Enviro Energy Solutions Limited.