Announced Wed, 15 Jul · 18:32 IST
Approved corporate guarantee of up to INR 22 Crore for subsidiary's term loan
Credit & Debt View source PDF
CLEANMAX · price
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Price reaction · full curve 14 horizons · vs prior close
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₹1278.40
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₹1296.80
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AI summary
Clean Max Enviro Energy Solutions' Risk Management Committee on 15 July 2026 approved issuing a corporate guarantee of up to INR 22 Crore in favour of a lender, as security for term loan facilities availed by its subsidiary Clean Max Aria Private Limited. The transaction is at arm's length with no promoter interest. This creates a contingent liability for the listed entity, though management states no current impact on the company.
Likely market impact
Creates a contingent liability of up to INR 22 Crore for the listed entity on behalf of its subsidiary. No immediate financial impact disclosed.