The Stakeholders Relationship Committee of Clean Max Enviro Energy Solutions Limited approved the allotment of 41,420 equity shares on 26 June 2026. This allotment comprises two components:
- 20,710 equity shares allotted pursuant to the exercise of vested stock options at an exercise price of INR 1 per option
- 20,710 bonus shares allotted pursuant to a 1:1 bonus issuance approved by shareholders via resolution dated 8 August 2025
The shares have a face value of INR 1 each and are fully paid up. The allotment was made under the Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 (CMES ESOS), as amended from time to time.
The equity shares allotted rank pari-passu with the existing equity shares of the Company in all respects.
Consequent to this allotment, the paid-up share capital of the Company increased from INR 11,71,75,990 to INR 11,72,17,410.
The disclosure is made in compliance with Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.
Key Terms:
- Each stock option is convertible into one fully paid-up equity share of face value INR 1
- Exercise price: INR 1 per option
- Money realized by exercise of options: INR 20,710
- The equity shares allotted are not subject to any lock-in period
- No variation has been made in the terms of the options
- The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
The information will be made available on the Company's website at www.cleanmax.com.
Additional Announcements
No additional corporate announcements were included in this filing beyond the ESOP allotment disclosure.