Announced Tue, 12 May · 21:04 IST

Clean Max Enviro Energy Solutions Limited has informed the Exchange about General Updates Re-appointment of Mr. Murzash Manekshana (DIN:00207311) Director of the Company, liable to retire by rotation

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CLEANMAX · price

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Price reaction · full curve 14 horizons · vs prior close
+11.5%1-day move
₹1220.20
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₹1205.00
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.6+2.8+2.7+3.2+11.5+5.3-1.7-0.4-1.2-7.9-3.6+5.2+6.7
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AI summary

The Board of Directors has approved and recommended the re-appointment of Mr. Murzash Manekshana as a Non-Executive Non-Independent Director of the company. The re-appointment is subject to shareholder approval at the upcoming 16th Annual General Meeting. Mr. Manekshana is liable to retire by rotation and has offered himself for re-appointment under Section 152(6) of the Companies Act, 2013. He holds a bachelor's degree in commerce from the University of Bombay and is an associate member of the Institute of Chartered Accountants of India with over 28 years of experience in renewable energy, finance, and infrastructure sectors. He is currently a managing partner at Brookfield Advisors India Private Limited. The disclosure confirms he has no relationships with other directors and is not debarred from holding the director position.

Likely market impact

This is a routine board governance matter with no material impact on shareholders. The re-appointment of an existing director retiring by rotation is standard practice and does not signal any strategic or governance changes.