Clean Max recommends re-appointment of director for AGM
Clean Max Enviro Energy Solutions Limited's Board has recommended re-appointing Mr. Murzash Manekshana as a Non-Executive Non-Independent Director, pending shareholder approval at the 16th AGM. Mr. Manekshana, a veteran with over 28 years of experience in renewable energy and finance, is currently a managing partner at Brookfield Advisors India Private Limited.
*this image is generated using AI for illustrative purposes only.
Clean Max Enviro Energy Solutions Limited has recommended the re-appointment of Mr. Murzash Manekshana as a Non-Executive Non-Independent Director. The decision was taken by the Board of Directors during its meeting held on Tuesday, 12 May 2026. The re-appointment is subject to the approval of the company's members at the 16th Annual General Meeting.
Mr. Manekshana is liable to retire by rotation and, being eligible, has offered himself for re-appointment in terms of Section 152(6) of the Companies Act, 2013. The company has confirmed that he is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority.
Director Profile
Mr. Murzash Manekshana brings extensive experience to the role. He holds a bachelor's degree in commerce from the University of Bombay and is an associate member of the Institute of Chartered Accountants of India. His career spans over 28 years in the renewable energy, finance, and road infrastructure sectors.
Currently, he serves as a managing partner at Brookfield Advisors India Private Limited. His previous roles include deputy managing director at MEP Infrastructure Developers Limited and managing director with Altamount Capital Management Private Limited. He has also held significant positions at Halycon Resources and Management Private Limited, Prudential Process Management Services India Private Limited, Ernst & Young LLP, and Arthur Andersen and Associates.
Key Details
The following table outlines the key particulars regarding the proposed re-appointment:
| S. No | Particular | Description |
|---|---|---|
| 1. | Reason for Change | Re-appointment of Mr. Murzash Manekshana (DIN:00207311) as Non-Executive Non-Independent Director, subject to member approval at the 16th Annual General Meeting. |
| 2. | Date of Appointment | Date of the ensuing Annual General Meeting of the Company. |
| 3. | Term of Appointment | Re-appointed as per the provisions of Section 152(6) of the Companies Act, 2013. |
| 4. | Relationships | No relationship with other Directors of the Company. |
The disclosure regarding this re-appointment has been made in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The information will be available on the company's website.
Historical Stock Returns for Clean Max Enviro Energy Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.48% | +10.60% | +45.06% | +48.70% | +48.70% | +48.70% |
How might Mr. Manekshana's role as Managing Partner at Brookfield Advisors India influence Clean Max's future fundraising strategies or potential partnerships with institutional investors?
Given Mr. Manekshana's extensive background in private equity and investment banking, could his continued presence on the board signal upcoming capital restructuring or M&A activity for Clean Max Enviro Energy Solutions?
How will shareholder voting patterns at the 16th AGM reflect investor sentiment toward Clean Max's current board composition and governance practices?
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