Clean Max Enviro Energy Solutions has announced the approval of share sales in its subsidiaries to SAMHI Hotels and Nuvoco Vistas. The transactions involve the sale of 4,900 shares in Clean Max Solomon Private Limited to SAMHI Hotels Limited and 2,600 shares in Clean Max Ilgohp Private Limited to Nuvoco Vistas Corporation Limited.
The subsidiaries, Clean Max Solomon Private Limited and Clean Max Ilgohp Private Limited, were incorporated in 2025 and have not contributed to the turnover, revenue, income, or net worth of Clean Max Enviro Energy Solutions during the last financial year. The company plans to enter into a Share Purchase Agreement for both transactions on or before 30 June 2026.
The consideration for the sale of shares in Clean Max Solomon Private Limited amounts to ₹49,000, while the shares in Clean Max Ilgohp Private Limited are valued at ₹26,000. Both buyers, SAMHI Hotels Limited and Nuvoco Vistas Corporation Limited, do not belong to the promoter, promoter group, or group companies of Clean Max Enviro Energy Solutions.
These transactions do not fall within related party transactions, and there are no implications under the Scheme of Arrangement or slump sale disclosures as per the SEBI regulations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).