Key Event Details
The Risk Management Committee of the Board of Directors of Clean Max Enviro Energy Solutions Limited approved the issuance of corporate guarantees on 23 June 2026. The guarantees are for facilities being availed by five subsidiary companies.
Subsidiary Companies and Guarantee Amounts
The corporate guarantees are being extended to the following subsidiary companies for the specified amounts:
- Clean Max Theia Private Limited: ₹372.21 Crores
- Clean Max Arctic Private Limited: ₹8.20 Crores
- Clean Max Fuji Private Limited: ₹51.46 Crores
- Clean Max Aero Private Limited: ₹28.65 Crores
- Clean Max Godavari Private Limited: ₹13.75 Crores
Total Guarantee Amount: ₹474.27 Crores
Transaction Details
The guarantees will be extended in favor of lender(s) as security for term loan facilities availed by the respective subsidiary companies. The corporate guarantees will be issued at arm's length terms.
Promoter/Promoter Group Interest
The promoter/promoter group/group companies do not have any interest in this transaction.
Financial Impact
The corporate guarantees provided will constitute contingent liabilities for Clean Max Enviro Energy Solutions Limited. As of the disclosure date (23 June 2026), there is no immediate financial impact of these guarantees on the Company. The guarantees have been provided on behalf of the above-mentioned subsidiaries which form part of the consolidated group.
Additional Information
The detailed disclosure is available on the Company's website at www.cleanmax.com. The disclosure was signed by Ullash Chandra Parida, Company Secretary and Compliance Officer (Membership No.: FCS 8689).