Clean Max Enviro Energy Solutions Ltd has approved a corporate guarantee of ₹45.09 crore for its subsidiary, Clean Max Patagonia Private Limited, to facilitate term loan facilities.

The Risk Management Committee of the Board of Directors granted this approval on October 7, 2026. The guarantee is issued in favour of the lender as security for the debt availed by the subsidiary.

Guarantee Details and Terms

The disclosure, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifies that the guarantee amount will not exceed ₹45,09,00,000. The transaction is stated to be at arm's length, with no interest held by the promoter, promoter group, or other group companies in this specific arrangement.

Impact on Listed Entity

The company clarified that the corporate guarantee constitutes a contingent liability for Clean Max Enviro Energy Solutions. As the beneficiary is a wholly owned subsidiary within the consolidated group, the company stated that there is no immediate impact on the listed entity's financial position at this stage.

What the Numbers Show

The approval of a ₹45.09 crore guarantee highlights the parent company's role in supporting the capital structure of its subsidiary. By providing security for term loans, Clean Max Enviro Energy Solutions enables Clean Max Patagonia to access external debt financing without necessarily deploying its own balance sheet cash, thereby preserving liquidity at the parent level while facilitating growth or operational needs at the subsidiary level.

Clean Max Enviro Energy Solutions Limited has received final approval from BSE Limited for modifications to the terms of its listed Non-Convertible Debentures. The regulatory clearance converts the instruments from unsecured to secured status.

The approval, granted via notice dated September 30, 2026, pertains to amendments in the Debenture Trust Deed originally dated October 27, 2025. The Board of Directors had authorised these changes at a meeting held on July 31, 2026.

Key modifications to debenture terms

The approved changes primarily affect the security structure and the identification code of the instruments. The table below outlines the specific revisions:

Procedural timeline and compliance

The company initially intimated the proposed changes on August 14, 2026. Following the review process, BSE issued the final approval notice on September 30, 2026. The information was subsequently disclosed on the company's website and through stock exchange filings.

The debentures involved in this modification total 40,000 units, each with a face value of ₹1 lakh. The shift to secured status implies that these debt instruments now carry collateral backing, potentially altering their risk profile for investors compared to their previous unsecured classification.