Appointment

BSE Limited The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Maharashtra, India Maharashtra, India Scrip Code: 544717 Symbol: CLEANMAX ISIN: INE647U01026 Sub: Intimation for Appointment of Senior Management Personnel and Sale of shares held by Clean Max Enviro Energy Solutions Limited in its wholly owned subsidiary, Clean Max Kyuu Private Limited, Clean Max Roku Private Limited and Clean Max Ilgohp Private Limited Ref: Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), the Board of Directors of Clean Max Enviro Energy Solutions Limited (“the Company”) on 21 September 2026 has approved the: • Appointment of Mr. Vipin Balan as Head - Projects of the Company. He will be a Senior Management Personnel from 21 September 2026; • Sale of 2,600 shares of Clean Max Kyuu Private Limited, a wholly owned subsidiary to Strata Geosystems (India) Private Limited; • Sale of 2,600 shares of Clean Max Roku Private Limited, a wholly owned subsidiary to Goodluck India Limited; and • In continuation of our disclosure dated 28 April 2026 regarding the proposed sale of 2,600 equity shares of Clean Max Ilgohp Private Limited, we wish to inform you that, pursuant to revisions in the transaction terms, the Board of Directors has today approved the revised terms and execution of the Share Purchase Agreement for the sale of 2,600 equity shares of Clean Max Ilgohp Private Limited to Nuvoco Vistas Corporation Limited. In compliance with the SEBI Listing Regulations and Securities and Exchange Board of India Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30 January 2026 (as amended), the details of the transaction are provided in “Annexure A” and “Annexure B” enclosed herewith. The same will be made available on the Company’s website www.cleanmax.com This is for your information, record, and appropriate dissemination. Thank you. Yours faithfully, For Clean Max Enviro Energy Solutions Limited (Formerly known as Clean Max Enviro Energy Solutions Private Limited) Ullash Parida Company Secretary and Compliance Officer Membership No.: FCS 8689 21 September 2026 Mumbai Encl: a\a Annexure A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Details of events that needs to be Information of such events no. provided a) Reason for change viz. appointment, Appointment of Mr. Vipin Balan as Head - Projects of the Company re-appointment, resignation, removal, death or otherwise b) Date of Appointment/ re-appointment/ 21 September 2026 cessation c) Term of appointment / re-appointment Full-Time Employment Brief Profile (in case of appointment) Mr. Vipin is a seasoned renewable energy professional with over 31 d) years of experience in wind and solar energy projects across India. He has strong expertise in project development, project execution, construction, investment management, and commercial operations. He has held senior positions with reputed organisations including CIP Terra Technologies, Enel Green Power, GE Renewables, Regen Powertech, British Petroleum, and Enercon. His experience includes leading teams and managing large-scale renewable energy projects across different stages of development and execution. Mr. Vipin is a Mechanical Engineer with a PGDM in Marketing. e) Disclosure of relationships between Not Applicable directors (in case of appointment of a director) Annexure B Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Information of such events Information of such events Information of such events a) The amount and Clean Max Kyuu Private Clean Max Roku Private The turnover of Clean Max percentage of the Limited was incorporated Limited was incorporated Ilgohp Private Limited for FY turnover or revenue or under the Companies Act, under the Companies Act, 2025-26 is Nil. income and net worth 2013 on 19 June 2026 and has 2013 on 20 April 2026 and has contributed by such not contributed to turnover or not contributed to turnover or Clean Max Ilgohp Private unit or division or revenue or income or net revenue or income or net Limited has a net worth of INR undertaking or worth during the last financial worth during the last financial -69,252 (0 % of the subsidiary or associate year. year. Consolidated Networth of the Company of the listed Company as on 31 March entity during the last 2026) financial year b) Date on which the The Company will enter into The Company will enter into The Company will enter into agreement for sale has Share Purchase Agreement on Share Purchase Agreement on Share Purchase Agreement on been entered into or before 31 December 2026 or before 31 December 2026 or before 31 December 2026 or such other date as may be or such other date as may be or such other date as may be mutually agreed between mutually agreed between mutually agreed between Parties Parties Parties c) The expected date of On or before 31 December On or before 31 December On or before 31 December completion of 2026 or such other date as 2026 or such other date as 2026 or such other date as sale/disposal may be mutually agreed may be mutually agreed may be mutually agreed between Parties between Parties between Parties Consideration received The sale consideration of INR The sale consideration of INR The sale consideration of INR d) from such 26,000 for sale of 2,600 26,000 for sale of 2,600 26,000 for sale of 2,600 sale/disposal shares (26% of the total paid shares (26% of the total paid shares (26% of the total paid up share capital of Clean Max up share capital of Clean Max up share capital of Clean Max Kyuu Private Limited) will be Roku Private Limited) will be Ilgohp Private Limited) will be received after execution of the received after execution of the received after execution of the Share Purchase Agreement Share Purchase Agreement Share Purchase Agreement between the Company, Clean between the Company, Clean between the Company, Clean Max Kyuu Private Limited, and Max Roku Private Limited and Max Ilgohp Private Limited Strata Geosystems (India) Goodluck India Limited. and Nuvoco Vistas Private Limited. Corporation Limited. e) Brief details of buyers Strata Geosystems (India) Goodluck India Limited having Nuvoco Vistas Corporation and whether any of the Private Limited having its its Registered Office at 509, Limited having its Registered buyers belong to the Registered Office at Donear Arunachal Building, Office at Equinox Business promoter/ promoter House, 5th Floor, Plot No. A- Barakhamba Road, Park, Tower 3, East Wing, 4th group/group 50, Road No. 1, MIDC, Marol Connaught Place, New Delhi, Floor, LBS Marg, Kurla (West), companies. If yes, Industrial Area, Andheri East, India, 110001. Mumbai City, Kurla, details thereof Chakala Midc, Mumbai, Maharashtra, India, 400070. Maharashtra, India, 400093. The said buyer does not belong to the promoter/ The said buyer does not The said buyer does not promoter group/ group belong to the promoter/ belong to the promoter/ companies. promoter group/ group promoter group/ group companies. companies. f) Whether the No No No transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length” g) Whether the sale, Not Applicable Not Applicable Not Applicable lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations f) Additionally, in case of Not Applicable Not Applicable Not Applicable a s [Showing first 8,000 characters — download PDF for full document]