Clean Max Enviro Energy Solutions Ltd Issues Corporate Guarantee for ₹92 Cr

Clean Max Enviro Energy Solutions Ltd announced that its Risk Management Committee has approved the issuance of a corporate guarantee for ₹92 crore. This guarantee is for a facility being availed by its subsidiary, Clean Max Rudra Private Limited, from Federal Bank Limited. The guarantee will serve as security for term loan facilities. The company stated that the promoter/promoter group/group companies have no interest in this transaction, and the guarantee is issued at arm's length. The impact on the listed entity is a contingent liability, with no immediate impact on the company as of the reporting date.