Key Decision and Approval
The Risk Management Committee of the Board of Directors of Clean Max Enviro Energy Solutions Limited approved the issuance of a corporate guarantee on 11 August 2026.
Transaction Details
The corporate guarantee is being issued for facilities availed by Clean Max Rudra Private Limited, a subsidiary of the company, from Federal Bank Limited (the Lender).
Guarantee Amount
The corporate guarantee amount is INR 92,00,00,000 (Indian Rupee Ninety-Two Crore only).
Nature of Facility
The guarantee serves as security for term loan facilities availed by the subsidiary.
Transaction Parties
- Guarantor: Clean Max Enviro Energy Solutions Limited
- Beneficiary: Federal Bank Limited (Lender)
- Principal Borrower: Clean Max Rudra Private Limited (Subsidiary)
Promoter/Promoter Group Interest
The promoter/promoter group/group companies have no interest in this transaction. The corporate guarantee is being issued at arm's length basis.
Financial Impact
The corporate guarantee provided will be a contingent liability for the Company. As of the disclosure date, there is no immediate financial impact of this guarantee on the Company. The guarantee has been provided on behalf of a subsidiary that is part of the consolidated group.
Additional Information
The disclosure will be made available on the Company's website at www.cleanmax.com.
#Tags: #CleanMax #CorporateGuarantee #SEBIDisclosure #RegulatoryCompliance #FederalBank #ContingentLiability #Neutral