Clean Max Enviro Energy Solutions Limited has announced the successful completion of early redemption of its non-convertible debentures (NCDs) worth ₹499 crore. The renewable energy company executed this premature redemption on April 2, 2026, well ahead of the original maturity date of June 8, 2027.

Debenture Redemption Details

The company redeemed a total of 4,990 senior, rated, listed, redeemable non-convertible debentures, each carrying a face value of ₹10 lakh. The total redemption amount aggregated to ₹499 crore, representing the complete outstanding principal amount.

Interest Payment Completion

Alongside the principal redemption, Clean Max Enviro Energy Solutions also completed all interest payments due on the redemption date. The company paid net interest of ₹30,85,590 along with tax deducted at source (TDS) of ₹3,21,192 on April 2, 2026.

The interest payment covered the period from April 1, 2026, to April 2, 2026, maintaining the quarterly payment frequency established for these debentures.

Regulatory Compliance and Approvals

The early redemption was executed in full compliance with regulatory requirements under the Securities and Exchange Board of India (SEBI) regulations. The company obtained necessary approvals from both debenture holders and the debenture trustee before proceeding with the premature redemption.

The redemption process adhered to Regulation 30, 51, and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, along with Regulation 15(9) of SEBI (Issue and Listing of Non-Convertible Securities) Regulations 2021. The company confirmed timely payment of both interest and principal as required under these regulations.

Corporate Governance

Company Secretary and Compliance Officer Ullash Parida signed the redemption certificate and regulatory filings on April 2, 2026, from Mumbai. The company has made all relevant documentation available on its official website at www.cleanmax.com for stakeholder reference and transparency.

This early redemption demonstrates Clean Max Enviro Energy Solutions' strong financial management and commitment to meeting its debt obligations ahead of schedule, potentially reducing interest costs and strengthening its balance sheet position.

Clean Max Enviro Energy Solutions Limited has significantly expanded its renewable energy partnership with STT GDC India, scaling their collaboration beyond 130 MW of hybrid renewable energy capacity. The expansion includes additional Power Purchase Agreements executed in April 2026, featuring a new 21 MWp solar capacity addition to strengthen India's AI-ready digital infrastructure.

Partnership Expansion Details

The latest agreement enhances CleanMax's existing wind-solar hybrid power supply to STT GDC India's data centres in Chennai, Tamil Nadu. The partnership now encompasses reliable hybrid renewable energy capacity across key data centre hubs in Tamil Nadu and Maharashtra.

As part of the arrangement, STT GDC India will scale its contracted green energy capacity in captive mode, with a 26% equity investment in the renewable energy project. This model integrates solar and wind resources to ensure round-the-clock renewable energy supply, addressing the increasing energy demands driven by AI-led workloads.

Strategic Significance for AI-Ready Digital Infrastructure

The partnership reflects a strategic approach by data centre operators to integrate renewable energy solutions into their core operations for AI-ready infrastructure. According to Mr. Kuldeep Jain, Managing Director of Clean Max Enviro Energy Solutions Limited, the collaboration represents a broader shift among digital infrastructure service providers to embed clean energy into their business strategies as AI and data-led growth accelerates.

Mr. Bimal Khandelwal, Chief Executive Officer of STT GDC India, emphasized the company's commitment to sustainable growth, noting that STT GDC India remains on track towards carbon neutrality by 2030, with renewables contributing approximately 70% of their energy mix as of CY 2025.

CleanMax's Growing Market Position

The expanded partnership strengthens CleanMax's position in India's digital infrastructure sector. The AI and data centre segment now represents a significant portion of the company's business portfolio.

This represents nearly a tenfold expansion in the AI and data centre segment over the past two years, positioning CleanMax as a key partner in supporting the digital economy's transition towards sustainable operations.

Industry Context and Future Outlook

The surge in AI-driven workloads and always-on digital services is transforming how data centres approach energy management. Energy solutions have evolved from background enablers to central components of infrastructure performance and cost-efficiency strategies. The partnership demonstrates how renewable energy solutions are becoming critical for ensuring reliability while meeting sustainability expectations in an increasingly compute-intensive environment focused on AI-ready capabilities.