Clean Max Enviro Share Price Turns Volatile After Likely ₹1,063 Crore Block Deal Involving 85 Lakh Shares

Clean Max Enviro Energy Solutions shares saw sharp swings in Monday’s trading session after a likely block deal worth about ₹1,062.8 crore involving around 85 lakh shares. 

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The stock opened at ₹1,301, down 6.6% from its previous close of ₹1,392.55. It later recovered from the early decline and moved into positive territory during the morning session. At around 10:30 am, the shares were trading 1.22% lower at ₹1,375.50. 

The price movement came amid reports of a large stake sale by Augment India, an existing shareholder in the renewable energy company. 

Augment India likely sells 7.25% stake 

Augment India, which held a 9.5% stake in Clean Max Enviro Energy Solutions as of June 2026, was expected to sell a 7.25% stake in the company through the transaction. 

The likely sale involved around 85.02 lakh shares and was valued at approximately ₹1,062.8 crore. 

According to the report, the offer price for the transaction was fixed at ₹1,250 per share. This represented a discount of about 10.2% to the stock’s previous closing price on the BSE. 

Shares recover after weak opening 

Clean Max shares initially reacted sharply to the likely transaction, opening 6.6% lower at ₹1,301. 

The stock, however, recovered much of those losses as the session progressed and moved above its previous closing level during morning trade. 

The sharp intraday movement followed a period of gains for the stock. Clean Max shares have risen more than 75% over the past six months and were up more than 15% so far in September. 

The September performance also put the stock on course to end a two-month losing run. 

Stock remains above IPO price 

Clean Max Enviro Energy Solutions made its stock market debut on March 2, 2026. 

At a market price of ₹1,417.10 cited in the report, the shares were trading nearly 35% above the company’s IPO issue price of ₹1,053. 

Monday’s trading activity centred on the likely block transaction involving Augment India’s stake, with the stock recovering sharply after its initial fall and remaining volatile through the morning session.