StockWatch
·
Power Generation
Loan & Debt15 Jul 2026, 06:40 pm

Clean Max Enviro Energy approves corporate guarantee for subsidiary

AI Summary

Clean Max Enviro Energy Solutions Ltd's Risk Management Committee has approved the issuance of a corporate guarantee for a facility availed by its subsidiary, Clean Max Aria Private Limited. The guarantee, not exceeding INR 22 Crore, is for term loan facilities. The company stated that the promoter/promoter group/group companies have no interest in this transaction, and it will be issued on an arm's length basis. The corporate guarantee represents a contingent liability for Clean Max Enviro Energy Solutions Ltd, but as of the reporting date, it has no impact on the company. The meeting took place on July 15, 2026.

Key Highlights

  • Corporate guarantee approved for subsidiary Clean Max Aria Private Limited.
  • Guarantee amount not exceeding INR 22 Crore for term loan facilities.
  • Transaction is on an arm's length basis with no promoter interest.
  • Represents a contingent liability with no immediate impact on the company.