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Acquisition

Godrej Industries Ltd acquires 26% stake in Clean Max

Godrej Industries Limited announced it has acquired 26 per cent equity stake in Clean Max Kaze Private Limited (Clean Max), a subsidiary of Clean Max Enviro Energy Solutions Private Limited.

According to the company’s exchange filing, “we would like to inform you that Godrej Industries Limited (“the Company”) has acquired 26% (Twenty Six per cent) Equity stake in Clean Max Kaze Private Limited, subsidiary of Clean Max Enviro Energy Solutions Private Limited on February 14, 2023.”

Clean Max is in the business of developing wind solar hybrid power generation facility in the state of Gujarat and is having wind turbine generators & solar power plant for supplying Contracted Quantity of Electricity.

Incorporated on September 19, 2022, Clean Max Kaze Private Limited is a subsidiary of Clean Max Enviro Energy Solutions Private Limited.

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