Clean Max Enviro Issues Corporate Guarantee for Subsidiary

Clean Max Enviro Energy Solutions Ltd has issued a corporate guarantee for its subsidiary, Clean Max Yuhdul Private Limited. The guarantee is for INR 65 Crore, securing term loan facilities availed by the subsidiary. The company stated that the promoter/promoter group/group companies have no interest in this transaction and that it is conducted on an arm's length basis. The corporate guarantee represents a contingent liability for Clean Max Enviro, but as of the reporting date, it has no impact on the company.