Clean Max Enviro Energy gets in-principle approval for NCD modification

Clean Max Enviro Energy Solutions Ltd has received in-principle approval from BSE Limited for modifications to its Non-Convertible Debentures (NCDs). The key change involves altering the nature of the debentures from unsecured to secured. This approval is subject to the company fulfilling certain conditions, including confirmation from depositories and compliance with SEBI regulations and the Companies Act, 2013. The approval is valid for three months. The modifications also include changes to the Debenture Trust Deed regarding permitted encumbrances and indebtedness.