Clean Max Enviro Energy Solutions Ltd. Issues Corporate Guarantee for Subsidiary
Mumbai – March 24, 2026 – Clean Max Enviro Energy Solutions Ltd. has issued a corporate guarantee for its subsidiary, Clean Max Sphere Energy Private Limited.The guarantee, provided in favor of a lender, covers credit facilities of up to Rs. 752 crores. According to details released, the transactions are conducted on an arm’s length basis, and no promoters, promoter groups, or group companies have an interest in this transaction.
Clean Max Sphere Energy Private Limited is a 74% subsidiary of Clean Max Enviro Energy Solutions Ltd. The company noted that the corporate guarantee represents a contingent liability. Currently, the guarantee has no impact on Clean Max Enviro Energy Solutions Ltd.
| Particulars | Information of such events |
|---|---|
| Name of party | Clean Max Sphere Energy Private Limited |
| Interest of promoters/group companies | The promoter / promoter group /group companies are not interested in this transaction. The transactions are at arm's length basis. |
| Details of guarantee | Clean Max Sphere Energy Private Limited has been granted credit facilities of up to Rs. 752 crores. The Company has issued a corporate guarantee in favour of the Lender for the aforesaid facility. |
| Impact on listed entity | The corporate guarantee provided is a contingent liability for the Company. This guarantee has been provided on behalf of a 74% subsidiary of the Company which is part of the consolidated group. At this point, there is no impact of this guarantee on the Company. |
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