{"id":273254,"date":"2026-09-28T10:10:28","date_gmt":"2026-09-28T04:40:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=273254"},"modified":"2026-09-28T10:10:28","modified_gmt":"2026-09-28T04:40:28","slug":"clean-max-block-deal","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/clean-max-block-deal\/","title":{"rendered":"Rs 1,199 Crore Changes Hands in Clean Max: Why the Stock Rallied After a 7.5% Stake Sale"},"content":{"rendered":"

87.97 lakh shares (7.5%) worth Rs 1,199 crore traded at Rs 1,363. Stock up 2.81% at Rs 1,431.75 after a Rs 1,301 low. IPO price Rs 1,053. Market cap Rs 16,830 crore.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Clean Max block deal saw 87.97 lakh shares, or 7.5 percent of the company, worth Rs 1,199 crore change hands at Rs 1,363 per share on 28 September 2026. Media reports had flagged Augment India I Holdings as a likely seller of 85 lakh shares at a floor of Rs 1,250, and the actual price came in about 9 percent above that floor. The stock recovered from a low of Rs 1,301 to trade at Rs 1,431.75, up 2.81 percent, which suggests the market treated the deal as an overhang being cleared.<\/p>\n<\/div>\n

Clean Max Enviro Energy Solutions<\/a>, India’s largest commercial and industrial renewable energy provider, was the most-watched stock in the pre-open session. CNBC-TV18 had reported that Augment India I Holdings LLC was likely to sell 85 lakh shares, a 7.25 percent stake, in an offer sized at Rs 1,062.8 crore with a floor price of Rs 1,250.<\/p>\n

The executed deal was larger and priced higher: 87.97 lakh shares, worth Rs 1,199 crore, at Rs 1,363. The buyer and seller names appear in the exchange’s block deal data published after the session, and they were not confirmed at the time of writing.<\/p>\n

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