The Stakeholders Relationship Committee of Clean Max Enviro Energy Solutions Limited approved the allotment of 17,660 equity shares on 11 September 2026. The allotment comprises two components:
- 8,830 equity shares allotted pursuant to the exercise of vested stock options at an exercise price of INR 1 per option
- 8,830 bonus equity shares allotted pursuant to a 1:1 bonus issuance approved by shareholders via resolution dated 8 August 2025
Key Details:
- Total shares allotted: 17,660 equity shares
- Face value: INR 1 per share
- Exercise price: INR 1 per option
- ESOP Plan: Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 (CMES ESOS)
- Each stock option is convertible into one fully paid-up equity share of face value INR 1
- The allotted shares rank pari-passu with existing equity shares of the Company
Capital Structure Change:
The paid-up share capital increased from INR 11,75,31,710 to INR 11,75,49,370 consequent to this allotment.
Compliance Information:
- Disclosure made under Regulation 30 read with Schedule III of SEBI Listing Regulations
- References SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026
- The equity shares are not subject to any lock-in period
Financial Details:
- Money realized by exercise of options: INR 8,830
- The bonus issuance was made pursuant to previous corporate actions including sub-division of equity shares from face value of INR 10 to INR 1
- Earnings per share remain unaffected as the quantity of shares allotted is negligible
Additional Announcements:
The disclosure includes Annexure A with detailed compliance information as required under SEBI regulations. The information will be made available on the company's website www.cleanmax.com.