Clean Max Enviro Energy Solutions Limited has approved the issuance of listed, rated, redeemable, non-convertible debentures/bonds on a private placement basis to raise up to ₹30,00,00,00,000 (Indian Rupees Three Thousand Crore Only). The objective is to secure medium to long-term financing at competitive terms. Additionally, the company will incorporate a wholly owned subsidiary at the International Financial Services Centre (IFSC) in Gujarat’s GIFT City.
Capital Raising and Strategic Expansion Approved
Clean Max Enviro Energy Solutions Limited, in a board meeting held on Tuesday, 3 November 2026, has made significant decisions regarding capital raising and strategic expansion. The board approved the issuance of listed, rated, redeemable, non-convertible debentures or bonds through private placement. This initiative aims to raise up to ₹30,00,00,00,000 (Indian Rupees Three Thousand Crore Only) with the objective of securing medium to long-term loans on competitive terms and managing interest rate volatility more effectively.
New Subsidiary in GIFT City
In parallel, the company announced its decision to incorporate a wholly owned subsidiary within the Gujarat International Finance Tec-City (GIFT City), Gujarat, India. This move signifies a strategic expansion into the International Financial Services Centre, potentially enhancing the company’s financial operations and access to global markets.
Financial Results Review
The board also reviewed and approved the unaudited consolidated financial results for the quarter ended 30 September 2025, which were presented as management accounts. Furthermore, the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with the Statutory Auditor’s Limited Review Report, were approved and are attached as an annexure.
Trading Window Closure
The company noted that the meeting of the Board of Directors commenced at 03:30 P.M. and concluded at 07:00 P.M. Please note that the trading window will remain closed for 48 hours following this announcement.
Source: BSE
