Monday, 28 September 2026Updated 9m ago
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Deal● Neutral for Clean Max Enviro Energy Solutions

Augment Infrastructure sells 7.25% stake in Clean Max for ₹1,096 crore

2 sources · first seen 21:18 28 Sept · updated 21:25 28 Sept

The brief

Written from 2 reports · check the source before you trade
  • HSBC Mutual Fund, ICICI Prudential Life and Goldman Sachs bought a combined 2.24% of Clean Max
  • Belgrave Investment Fund sold a 4.67% stake in Electrosteel Castings
  • Clean Max’s stake sale spotlights renewable-energy investment; listed Inox Green operates in the adjacent sector

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Linked by the tag Inox Green Energy Services

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Part of a developing story4 updates over 4 days

Augment India's CleanMax stake sale

Augment India proposed selling 85 lakh CleanMax Enviro shares, a 7.25% stake, at ₹1,250 each. It later sold the stake for ₹1,096 crore; CleanMax also raised ₹2,500 crore through green bonds for renewable energy projects.

Monday, 28 September

  1. 2 sourcesYou are here
    Augment Infrastructure sells 7.25% stake in Clean Max for ₹1,096 crore

Friday, 25 September

Read the reports

2 reports · earliest 21:18
MoneycontrolAugment Infrastructure Partners offloads Rs 1,096 crore Clean Max stake; Belgrave Investment Fund sells 4.67% stake in Electrosteel Castings21:18Business LineAugment Infrastructure sells 7.25% Clean Max stake for ₹1,096 crore21:25