CLEANMAXClean Max Enviro Energy Solutions Limited
Clean Max approves a corporate guarantee of up to ₹45.09 crore for subsidiary Clean Max Patagonia
- Agreement
- Renewable Energy
Clean Max Enviro Energy Solutions Limited has told the exchanges on 7 Oct 2026 that its Risk Management Committee, on 7 Oct 2026, approved a corporate guarantee for a facility being availed by its subsidiary Clean Max Patagonia Private Limited. The guarantee is for an amount not exceeding ₹45,09,00,000 as security for term loan facilities availed by the subsidiary.
The company says the guarantee is at arm’s length, that its promoters have no interest in the transaction, and that it is a contingent liability with no impact on the company as of the date of the filing.
Inference
A guarantee becomes a cost only if the subsidiary fails to repay. The filing treats it as a contingent liability within the consolidated group.
Reference: Original filing (PDF)
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