Clean Max Enviro Energy Solutions Limited has approved the issuance of corporate guarantees to support loan facilities availed by its subsidiaries: Clean Max Iguazu Private Limited, Clean Max San Private Limited, and Clean Max Leo Private Limited. These guarantees, issued at arm’s length, will serve as security for rupee term loan facilities. The company noted these guarantees represent a contingent liability for the parent entity, with no immediate impact on its financial standing as they are part of the consolidated group.
Corporate Guarantee Approval for Subsidiaries
Clean Max Enviro Energy Solutions Limited announced on November 6, 2026, that its Risk Management Committee has approved the issuance of corporate guarantees. These guarantees are intended to secure loan facilities being availed by three of its subsidiary companies: Clean Max Iguazu Private Limited, Clean Max San Private Limited, and Clean Max Leo Private Limited.
Details of the Guarantees
The corporate guarantees will be extended in favour of the lenders as security for the rupee term loan facilities. The amounts guaranteed are as follows:
- Clean Max Iguazu Private Limited: 31.98 Crore (INR)
- Clean Max San Private Limited: 28.02 Crore (INR)
- Clean Max Leo Private Limited: 55 Crore (INR)
The company confirmed that the promoter, promoter group, or group companies do not have any interest in these specific transactions, and the guarantees are being provided on an arm’s length basis. Details of the agreement, including significant terms and conditions, are outlined in the enclosed Annexure A.
Financial Impact and Disclosure
Clean Max Enviro Energy Solutions Limited clarified that these corporate guarantees represent a contingent liability for the company. They have been provided on behalf of subsidiaries that are part of the consolidated group. As of the disclosure date, there is no immediate impact of these guarantees on the listed entity. The company will make these details available on its website, www.cleanmax.com, for public access.
Source: BSE
