Announced Tue, 19 May · 20:52 IST

Clean Max Enviro Energy Solutions Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

CLEANMAX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹1215.00
prior close
₹1223.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.3-0.2-0.8-1.2-7.5-9.1-7.8-9.9-9.9+5.3+23.3+10.6
Up moveDown movePending
AI summary

Clean Max Enviro Energy Solutions Limited has announced the results of its Postal Ballot conducted via remote e-voting from April 18 to May 17, 2026. All 48 resolutions were passed with the required majority. Key approvals include amendments to the Memorandum and Articles of Association, appointment of Mr. Dinesh Khara as Non-Executive Independent Director (99.99% in favor), ratification of the Amended ESOP 2015-2026, and approval of 43 material related party transactions with various subsidiaries. Promoters abstained from voting on related party transactions as required by regulations. Voter turnout was approximately 81% for most resolutions.

Likely market impact

The appointment of Mr. Dinesh Khara strengthens the board's independence. Shareholders approved employee stock option scheme changes and extensive related party transactions, indicating management confidence in subsidiary operations and employee retention through equity compensation.