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Deal▼ Bearish for Clean Max Enviro Energy Solutions
Block deal alert! Clean Max shares in focus as Augment India likely to sell stake worth Rs 1,063 crore
The brief
- Augment India Holdings is reportedly seeking to sell a 7.25% Clean Max stake
- The proposed block deal is worth ₹1,063 crore
- A large secondary sale may pressure Clean Max shares and increase available float
- Clean Max shares see a ₹1,199 crore block deal amid volatile trading
- Augment India may sell 85 lakh Clean Max Enviro shares for ₹1,063 crore