Clean Max Enviro Energy Solutions Approves NCD Issuance & Merger

Clean Max Enviro Energy Solutions Ltd announced board approval for the issuance of listed, rated, redeemable, non-convertible debentures (NCDs) on a private placement basis, with a size up to INR 2,500 crore. The company also approved an amendment to its Debenture Trust Deed to reclassify debentures from unsecured to secured. Furthermore, a composite scheme of amalgamation involving several subsidiaries, including Clean Max Aditya Power Private Limited and Cleanmax IPP 1 Private Limited, was approved. The board also gave in-principle approval for corporate restructuring via amalgamation/merger of the company and its subsidiaries. Unaudited financial results for the quarter ended June 30, 2026, were also considered.