Clean Max Enviro Energy Solutions: Incorporation of a wholly owned subsidiary of the Company at the International Financial ServicesCentre…
Clean Max Enviro Energy Solutions (CLEANMAX) filed a disclosure titled "Incorporation of a wholly owned subsidiary of the Company at the International Financial ServicesCentre (IFSC) in Gujarat Finance Tec-City (GIFT City), Gujarat, India". The company is…
What happened
Clean Max Enviro Energy Solutions (CLEANMAX) filed a disclosure with the exchanges on 3 November 2026 at 11:53 PM titled "Incorporation of a wholly owned subsidiary of the Company at the International Financial ServicesCentre (IFSC) in Gujarat Finance Tec-City (GIFT City), Gujarat, India".
Company snapshot
Clean Max Enviro Energy Solutions is a small-cap company in the Power sector, with a market value of about ₹14,370 crore.
The stock last traded at ₹1,225.9, against a 52-week range of ₹727.1–₹1,536 (20.2% below the high).
Before this filing the shares had moved −5.6% over the month and −7.2% over three months. Average daily turnover over the last 20 sessions was about ₹32.66 crore.
Promoters held 49.42% at the end of Q1 FY27, down 0.06% points from the previous quarter; 36.93% of promoter shares were pledged. Foreign institutions owned 11.21% and domestic institutions 14.67%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q3 FY26 | 422 | 27.6 | 2.7 |
| Q4 FY26 | 557 | 55.4 | 5.31 |
| Q1 FY27 | 832 | 48.5 | 4.14 |
What history shows
BCEIE's records show 6 previous m&a filings from the company since May 2026.
After those filings, the stock fell 1.7% on average the next trading day and was down 2.2% on average after five days (5 filings with price data).
Across 59 similar disclosures by other Power companies, shares moved +0.2% on average the next day and −0.5% over five days; 56% of them rose the next day.
Market-wide, 2,325 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Sept 2026 | Sale or disposal | +6.9% | +7.3% |
| 9 Sept 2026 | Sale or disposal | +2.4% | −7.6% |
| 24 Jul 2026 | M&A | −9.6% | −7.4% |
| 24 Jul 2026 | Sale or disposal | −9.6% | −7.4% |
| 3 Jul 2026 | Sale of equity shares of wholly owned subsidiaries. | +1.4% | +3.9% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Clean Max Enviro Energy Solutions Ltd. IPO
- Clean Max Enviro Energy Solutions Approves Sale Of 26% Stake In Clean Max Alps To Bayer Vapi
- Clean Max Enviro Energy Solutions IPO Date, Price, Review And Details
- Clean Max Enviro approves sale of 26% stake in subsidiary for ₹26,000
- Relaxo Footwears Acquires 26% Share In Clean Max Muoi Private
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.