{
  "id": 10479939,
  "title": "Augment Infrastructure sells 7.25% Clean Max stake for ₹1,096 crore",
  "url": "https://urgent.news/2026/09/28/augment-infrastructure-sells-7-25-clean-max-stake-for-1-096-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T15:55:21.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/augment-infrastructure-sells-725-clean-max-stake-for-1096-crore/article71520999.ece"
  },
  "original_language": "en",
  "account": "Augment Infrastructure has sold a 7.25% stake in renewable energy firm Clean Max Enviro Energy Solutions for ₹1,096 crore. The company, through its subsidiary Augment India I Holdings LLC, offloaded 85.02 lakh shares in two tranches, representing 7.25% of the Mumbai-based Clean Max's stake. The shares were traded at ₹1,288.40-1,289.01 per piece, totaling ₹1,095.93 crore. After the transaction, Augment India I Holdings' equity stake in Clean Max dropped to 2.25% from 9.5%. Investment firms HSBC Mutual Fund, ICICI Prudential Life Insurance Company, and Goldman Sachs purchased 26.21 lakh shares, securing a combined 2.24% stake, with a combined deal value of ₹337.85 crore. The remaining buyers' identities were not disclosed by the National Stock Exchange. Clean Max Enviro Energy Solutions' shares dropped 2.04% to close at ₹1,365 on the NSE. Augment Infrastructure was founded in 2021 by a team that previously worked at the International Finance Corporation (IFC) for over 20 years managing global infrastructure strategies. Renewable energy firm Clean Max announced on Monday that it raised ₹2,500 crore through the issuance of green debt securities on a private placement basis.",
  "summary": "HSBC Mutual Fund, ICICI Prudential Life Insurance and Goldman Sachs bought a combined 2.24 per cent stake in Clean Max",
  "key_points": [
    "Augment Infrastructure sold 7.25% stake in Clean Max for ₹1,096 crore",
    "Shares traded at ₹1,288.40-1,289.01 per piece, total ₹1,095.93 crore",
    "Clean Max's equity stake dropped to 2.25% after transaction"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}