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Godrej Industries Acquires 26% Stake In Subsidiary Of Clean Max Enviro Energy Solutions

by NDTV Profit Desk
December 12, 2024
in Business
Reading Time: 1 min read
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Godrej Industries Ltd. acquired a 26% stake in Clear Max Kaze Pvt., a subsidiary of Clear Max Enviro Vitality Options Pvt., on Thursday, in response to an trade submitting.

The preliminary funding for buying a 26% stake has been accomplished. An additional funding of as much as Rs 7.59 crore in Clear Max Kaze by subscribing to the rights concern based mostly on the valuation report can be accomplished by Jan. 31, 2025 , it stated.

Godrej Industries acquired 2,600 fairness shares of Clear Max Kaze with a face worth of Rs 10 every for Rs 26,000.



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Tags: AcquirescleanEnergyEnviroGodrejindustriesMaxSolutionsStakesubsidiary
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