GENERAL28 Sept 2026
Clean Max Enviro share price volatile on a likely ₹1,063 crore block deal to sell 85 lakh shares - All details here | Stock Market News
Clean Max Enviro Energy Solutions shares swung sharply on Monday, 28 September. The stock opened 6.6% lower at ₹1,301 on a likely block deal worth ₹1,062.8 crore, with Augment India selling about 85 lakh shares. It then jumped 4.7% to ₹1,458.10. The deal price of ₹1,250 was a 10.2% discount to the previous close, so expect more swings.
Key Statutory Highlights
- Clean Max Enviro Energy Solutions shares opened at ₹1,301, down 6.6% from the previous close of ₹1,392.55, but later rose 4.7% to an intraday high of ₹1,458.10.
- Augment India, which held a 9.5% stake in the company as of June 2026, likely sold around 85.02 lakh shares for about ₹1,062.8 crore.
- The block deal offer price was set at ₹1,250 per share, which is a 10.2% discount to the previous day's close on the BSE.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy this stock, keep calm and don't act on one day's headline. Check the company's official exchange filings for the final block deal details, and speak to your adviser before taking any decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: