Stories
Major Block Deal Expected in Clean Max Enviro on Monday, Augment India Holdings to Sell Stake.
C
CNBC Awaaz•25-09-2026, 20:22
Major Block Deal Expected in Clean Max Enviro on Monday, Augment India Holdings to Sell Stake.
- •A block deal of approximately ₹1,062.8 crore is expected in Clean Max Enviro Energy Solutions on Monday.
- •Augment India Holdings may sell a 7.25% stake in the company.
- •A floor price of ₹1,250 per share has been set for the deal, representing about a 10% discount to the current market price.
- •Clean Max Enviro shares closed at ₹1,392.55 on Friday, up 0.54% from the previous closing price.
- •The company's market capitalization is approximately ₹16,369.34 crore.
Key Questions Answered
A major block deal is anticipated for Clean Max Enviro Energy Solutions involving the sale of a 7.25% stake, valued at approximately ₹1,062.8 crore.
The floor price for the proposed block deal has been fixed at ₹1,250 per share, which represents roughly a 10% discount to the company's current market price.
Augment India Holdings is the potential seller slated to offload a portion of its stake in Clean Max Enviro Energy Solutions through the block deal.
