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.