Key Decision and Date
The Risk Management Committee of the Board of Directors of the Company approved the issuance of a corporate guarantee on 7 October 2026.
Parties Involved
- Guarantor: Clean Max Enviro Energy Solutions Limited
- Beneficiary: Clean Max Patagonia Private Limited (subsidiary of the Company)
- Lender: Not specified in disclosure
Transaction Details
- Type of Facility: Term loan facilities
- Guarantee Amount: Not exceeding ₹45,09,00,000 (Indian Rupee Forty-Five Crore Nine Lakh only)
- Nature of Guarantee: Corporate guarantee extended in favour of the lender
- Purpose: Security for term loan facilities availed by Clean Max Patagonia Private Limited
Transaction Characteristics
- The promoter/promoter group/group companies have no interest in this transaction
- The corporate guarantee is issued at arm's length
Financial Impact
- The corporate guarantee represents a contingent liability for Clean Max Enviro Energy Solutions Limited
- As of the disclosure date (7 October 2026), there is no immediate financial impact on the Company
- The subsidiary is part of the consolidated group
Additional Information
The disclosure will be made available on the Company's website at www.cleanmax.com.
Filing Details
- Filed by: Ullash Chandra Parida, Company Secretary and Compliance Officer (Membership No.: FCS 8689)
- Filing Date: 7 October 2026
- Place: Mumbai