Outcome of the meeting of the Risk Management Committee of the Board of Directors of Clean Max Enviro Energy Solutions Limited (Formerly known as Clean Max Enviro Energy Solutions Private Limited) ( the Company ) held on 08 May 2026
CLEANMAX · price
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Clean Max Enviro Energy Solutions Limited's Risk Management Committee approved issuance of corporate guarantees totaling ₹335.69 crore for 13 subsidiary companies. The guarantees serve as security for term loan facilities availed by subsidiaries including Clean Max Louise Private Limited (₹87 crore - largest), Clean Max Gaia (₹41.45 crore), and Clean Max Andes (₹37.20 crore combined). The meeting was held on May 8, 2026, and the company confirmed that promoters have no interest in this transaction, which is conducted at arm's length.
These corporate guarantees represent contingent liabilities for Clean Max. While the company states there is no current impact, shareholders should note that if any subsidiary defaults, the parent company would be liable. This reflects strong inter-group financial coordination common in renewable energy platforms.