Approval Details
The Risk Management Committee of the Board of Directors of Clean Max Enviro Energy Solutions Limited approved the issuance of corporate guarantees on 06 November 2026. The approval was given with reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30 January 2026 (as amended).
Guarantee Details
Corporate guarantees are being issued for the benefit of three subsidiary companies:
- Clean Max Iguazu Private Limited: ₹31.98 crore
- Clean Max San Private Limited: ₹28.02 crore
- Clean Max Leo Private Limited: ₹55.00 crore
Total Guarantee Amount: ₹114.99 crore
The guarantees are being extended in favor of lender(s) as security for rupee term loan facilities availed by the respective subsidiaries.
Transaction Nature and Parties
- The promoter/promoter group/group companies have no interest in these transactions
- The corporate guarantees are issued on an arm's length basis
- The guarantees are provided to subsidiary companies of Clean Max Enviro Energy Solutions Limited
Financial Impact
The corporate guarantees constitute a contingent liability for Clean Max Enviro Energy Solutions Limited. As disclosed in the annexure, "As on date, there is no impact of these guarantees on the Company" since the guarantees have been provided on behalf of subsidiaries which are part of the consolidated group.
Additional Information
The disclosure will be made available on the company's website at www.cleanmax.com. The intimation was signed by Ullash Chandra Parida, Company Secretary and Compliance Officer (Membership No.: FCS 8689) on 06 November 2026 in Mumbai.