Committee Meeting Details

The Risk Management Committee of the Board of Directors met on Wednesday, 15 July 2026. The meeting commenced at 4:00 PM and concluded at 4:40 PM.

Key Decision Approved

The Committee approved the issuance of a corporate guarantee for facilities being availed by the company's subsidiary.

Guarantee Details

  • Guarantee Type: Corporate guarantee
  • Beneficiary Party: Clean Max Aria Private Limited (subsidiary company)
  • Guarantee Amount: Not exceeding INR 22 Crore
  • Purpose: Security for term loan facilities availed by the subsidiary
  • Transaction Nature: Arm's length basis
  • Promoter/Promoter Group Interest: No interest in this transaction

Financial Impact Assessment

The corporate guarantee represents a contingent liability for the Company. The guarantee is being provided on behalf of the subsidiary, which is part of the consolidated group. As of the disclosure date, there is no immediate financial impact on the Company.

Additional Information

The disclosure will be made available on the Company's website at www.cleanmax.com.