Cummins India has acquired an additional 878 equity shares in Clean Max Yellowstone Private Limited on December 29, 2025. This transfer represents approximately 8.78% of Clean Max’s equity share capital and involved a consideration of ₹8,780. This acquisition is part of Cummins India’s strategic investment in Clean Max, and is the first tranche investment.
Increased Investment
On December 29, 2025, Cummins India completed the transfer of an additional stake in Clean Max Yellowstone Private Limited. The transaction involved 878 equity shares.
Terms of the Acquisition
The acquisition was made for a consideration of ₹8,780, which translates to ₹10 per share. This investment brings Cummins India’s stake to approximately 8.78% of Clean Max’s equity share capital. This is the first tranche investment into Clean Max.
Source: BSE