Clean Max Enviro Energy Solutions: No IPO Fund Use Deviation for Q1 FY27

Clean Max Enviro Energy Solutions Ltd has filed its statement of deviation or variation in the utilization of funds raised through its Initial Public Offering (IPO) for the quarter ended June 30, 2026. The company confirms that the proceeds from the IPO, amounting to ₹3,079.88 Crores, have been utilized in accordance with the objects stated in the offer document. CARE Ratings Limited, acting as the Monitoring Agency, has issued a report for the same quarter, also confirming no deviation or variation in the use of funds. The company has made this intimation available on its website.