CLEANMAXClean Max Enviro Energy Solutions Ltd.
Clean Max Enviro Energy Solutions guarantees ₹115 crore of subsidiary term loans
- Agreement
- Renewable energy
Reviewed byRachit TripathiBlacklitt Research
Clean Max Enviro Energy Solutions (NSE: CLEANMAX) has approved corporate guarantees of ₹31.98 crore, ₹28.02 crore and ₹55 crore for three subsidiaries' rupee term loans, it said in a filing on 06 Nov 2026. The guarantees total about ₹115 crore.
Key highlights
- Guarantee for Clean Max Iguazu: ₹31.98 crore
- Guarantee for Clean Max San: ₹28.02 crore
- Guarantee for Clean Max Leo: ₹55 crore
- Total of three guarantees: ₹115 crore
The guarantees in numbers
| Item | Detail |
|---|---|
| Approved by | Risk Management Committee of the Board, 06 Nov 2026 |
| Beneficiaries | Clean Max Iguazu Private Limited, Clean Max San Private Limited, Clean Max Leo Private Limited |
| Guarantee for Iguazu | ₹31.98 crore |
| Guarantee for San | ₹28.02 crore |
| Guarantee for Leo | ₹55 crore |
| Purpose | Security for rupee term loan facilities availed by the subsidiaries |
| Arm's length basis | Yes, according to the company |
| Impact on the company | None as on date, according to the company |
Guarantee amounts and structure
The three guarantees are to be extended in favour of lenders as security for rupee term loan facilities of the respective subsidiaries. Clean Max Iguazu's guarantee is ₹31.98 crore, Clean Max San's is ₹28.02 crore and Clean Max Leo's is ₹55 crore. Together they come to ₹115 crore.
The company says the guarantees will be a contingent liability for the company, given on behalf of subsidiaries that form part of its consolidated group. The company also says there is no impact on it as on date.
Scale against the company
The ₹115 crore total is about 0.8% of the company's market value of ₹14,766 crore at the 06 Nov 2026 close. The company's latest reported quarter, Q1 FY27 on a consolidated basis, showed total income of ₹874.10 crore and net profit of ₹55.17 crore.
The filing is one of several recent disclosures by the company, which include the incorporation of a GIFT City subsidiary and the allotment of shares under its employee stock option scheme on 06 Nov 2026.
What the guarantees mean for Clean Max Enviro Energy Solutions' shareholders
The company is guaranteeing subsidiary borrowings, which it records as a contingent liability, and says there is no impact on it as on date. The filing does not say who the lenders are, the loan tenure or the timing of the guarantees, or why they are being issued.
Filed with NSE on . Reference: Original filing (PDF)
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