Clean Max issues corporate guarantees for 5 subsidiaries totaling about Rs 474 crore

Clean Max Enviro Energy's Risk Management Committee approved corporate guarantees for term loan facilities availed by five subsidiary companies. The guarantees cover Clean Max Theia (Rs 372.21 crore), Clean Max Fuji (Rs 51.46 crore), Clean Max Aero (Rs 28.65 crore), Clean Max Godavari (Rs 13.75 crore), and Clean Max Arctic (Rs 8.20 crore), totaling about Rs 474.27 crore. The transaction is at arm's length with no promoter interest. As of date, there is no impact on the listed entity, though these are recorded as contingent liabilities.