Clean Max Enviro Energy Solutions Limited has announced the divestment of its wholly owned subsidiary to Hindustan Coca-Cola Beverages Private Limited, marking a strategic corporate restructuring move. The Board of Directors approved the transaction on 3 April 2026, involving the sale of Clean Max Ahhope Private Limited for a nominal consideration.

Transaction Details

The key parameters of the subsidiary sale are outlined in the regulatory disclosure:

Subsidiary Background

Clean Max Ahhope Private Limited was recently incorporated under the Companies Act, 2013 on 15 October 2025, with CIN U35105MH2025PTC459115. Given its recent incorporation, the subsidiary has not contributed to the parent company's turnover, revenue, income, or net worth during the last financial year.

Buyer Information

The acquirer, Hindustan Coca-Cola Beverages Private Limited, operates with CIN U74899HR1997PTC100334 and maintains its registered office at Unit Nos. 303 and 304, 3rd Floor, Baani Address One, Golf Course Road, Sector-56, Gurgaon, Gurugram, Haryana, India, 122011. The company has confirmed that the buyer does not belong to the promoter, promoter group, or group companies, ensuring the transaction remains at arm's length.

Regulatory Compliance

The transaction has been structured in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has confirmed that this is not a related party transaction and does not fall under any scheme of arrangement, simplifying the regulatory approval process.

Timeline and Documentation

The Share Purchase Agreement is scheduled to be executed on or before 15 May 2026, with the transaction completion expected by the same date or such other mutually agreed date between the parties. The company will make relevant documentation available on its website at www.cleanmax.com as part of its disclosure obligations.

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.