Announced Tue, 24 Mar · 18:48 IST

Clean Max Enviro Energy Solutions Limited has informed the Exchange that the Risk Management Committee of the Board of Directors of the Company at its meeting held today i.e., Tuesday, 24 March 2026, has inter alia approved the issuance of corporate guarantees for the subsidiaries Companies

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AI summary

Clean Max Enviro Energy Solutions Limited's Risk Management Committee, at its meeting on 24 March 2026, approved the issuance of corporate guarantees for five of its subsidiaries in favour of their respective lenders. The total guarantee amount is approximately ₹277.50 crore, spread across Clean Max Ame (₹20.80 cr), Clean Max Bryce (₹21.20 cr), Clean Max Centaurus (₹94.50 cr), Clean Max Godavari (₹80.90 cr), and Clean Max Yellowstone (₹60.10 cr). These guarantees are provided as security for term loan facilities availed by the subsidiaries. The company stated the transaction is at arm's length and that the promoter group has no interest in it. As of the filing date, there is no immediate financial impact on the listed entity, though the guarantees are classified as contingent liabilities.

Likely market impact

The guarantees represent a contingent liability of ~₹277.50 crore for the listed entity. If any subsidiary defaults on its term loans, Clean Max Enviro would need to honour these guarantees, which could affect future cash flows and leverage. For now, this is a routine inter-group support action with no immediate impact on financials.