NSEAllotment of Securities28 Sept 2026 · 28 Sept 2026, 02:22 pm
Allotment of Securities
Clean Max Enviro Energy Solutions Limited · CLEANMAX
✦ AI SummaryFundraise
Clean Max Enviro Energy Solutions Limited has announced the allotment of Non-Convertible Debentures (NCDs) worth ₹14,91,00,00,000 through private placement. The NCDs will be listed on the Wholesale Debt Market segment of the BSE Limited. The tenor of the instrument varies from 24 to 120 months, with coupon/interest offered ranging from 8.25% to 8.765%. The details of the allotment and the terms of the NCDs are provided in Annexure A.
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Full Announcement
Disclosure regarding allotment of Non-Convertible Debentures
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BSE Limited 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: 544717/977267 S ymbol: CLEANMAX
ISIN: INE647U01026/INE647U07049*
Subject: Disclosure regarding allotment of Non-Convertible Debentures (“NCDs”)
Reference: Regulation 30 and 51 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended
Dear Sir/Madam,
In furtherance to our letter dated 31 July 2026 and pursuant to the provisions of Regulation 30 and
51 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (“SEBI”)
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), and
other applicable provisions of the Listing Regulations, we, Clean Max Enviro Energy Solutions Limited
(formerly known as Clean Max Enviro Energy Solutions Private Limited) (“the Company”), would like
to inform that the Stakeholders’ Relationship Committee of the Board of the Directors of the
Company, through resolution passed by circulation on 28 September 2026 has approved the
allotment of green debt securities in form of Senior, Secured, Rated, Listed Redeemable and Non-
Convertible Debentures having a face value of INR 1,00,000 (Indian Rupee One Lakh only) each
(“NCDs”) as per the details hereunder:
S. No. Series No. of NCDs Total Consideration Received
1. A 20,000 (Twenty Thousand) INR 2,00,00,00,000 (Indian Rupee Two
Hundred Crore only)
2. B 40,000 (Forty Thousand) INR 4,00,00,00,000 (Indian Rupee Four
Hundred Crore only)
3. C 80,700 (Eighty Thousand and INR 8,07,00,00,000 (Indian Rupee
Seven Hundred) Eight Hundred Seven Crore Only) along
with securities premium of INR
1,02,000 (Indian Rupee One Lakh Two
Thousand Only)
4. D 61,500 (Sixty-One Thousand INR 6,15,00,00,000 (Indian Rupee Six
Five Hundred) Hundred Fifteen Crore only)
5. E 47,800 (Forty-Seven INR 4,78,00,00,000 (Indian Rupee Four
Thousand Eight Hundred) Hundred Seventy-Eight Crore Only)
along with securities premium of INR
1,56,66,000 (Indian Rupee One Crore
Fifty-Six Lakh Sixty-Six Thousand Only)
The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular
No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 is enclosed herewith
as “Annexure – A”
This information is made available on the Company's website i.e., www.cleanmax.com
* New ISIN INE647U07049 has been allotted by NSDL in place of old ISIN INE647U08039
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
28 September 2026
Mumbai
Encl: a\a
Annexure A
Allotment of Non – Convertible Debentures:
Particulars Terms
Type of Securities Green debt securities in form of Senior,
Secured, Rated, Listed Redeemable and Non-
Convertible Debentures
Type of the Issue Private Placement
Size of Issue (excluding securities a. Series A - INR 2,00,00,00,000 (Indian
premium) Rupee Two Hundred Crore only)
b. Series B - INR 4,00,00,00,000 (Indian
Rupee Four Hundred Crore only)
c. Series C - INR 8,07,00,00,000 (Indian
Rupee Eight Hundred Seven Crore Only)
d. Series D - INR 6,15,00,00,000 (Indian
Rupee Six Hundred Fifteen Crore only)
e. Series E – INR 4,78,00,00,000 (Indian
Rupee Four Hundred Seventy-Eight Crore
Only)
Whether proposed to be listed? If Yes, The NCDs are proposed to be listed on the
Name of Stock Exchange Wholesale Debt Market segment of the BSE
Limited
Tenor of the instrument a. Series A - 24 months
b. Series B - 36 months
c. Series C - 60 months
d. Series D - 120 months (Annually
amortizing from 5th year onwards)
e. Series E - 120 months (Annually amortizing
from 6th year onwards)
Date of allotment 28 September 2026
Date of maturity a. Series A – 28 September 2028
b. Series B – 28 September 2029
c. Series C – 28 September 2031
d. Series D – 28 September 2036
e. Series E – 28 September 2036
Coupon/interest offered a. Series A Debentures – 8.250%
b. Series B Debentures – 8.485%
c. Series C Debentures – 8.765%
d. Series D Debentures - 8.765%
e. Series E Debentures - 8.765%
Schedule of payment of coupon/interest Coupon/ interest on quarterly basis and
and principal redemption as per the date of maturity of
respective Series
Details of charge/security, if any, created Brief details of security is given below:
over the assets; 1. Charge over certain project assets of the
Issuer and certain specific subsidiaries/ SPVs
of the Issuer (excluding land)
2. Non disposal undertaking for immovable
properties over the project assets of the
Issuer and certain specific subsidiaries / SPVs
3. Charge over the inter corporate loans/NCD/
advances/ unsecured loans/ deposits/ and
other instruments infused by the Issuer in
certain specific SPVs
4. Pledge / charge over shares / capital infused
by the Issuer in certain specific SPVs
5. Charge over ISRA
6. Charge over escrow established at Issuer and
bank accounts at certain specific SPVs in
relation to the identified projects
7. Cash reserves to the extent required under
the documents
8. And such other security as mentioned in the
transaction documents.
Special right / interest/ privileges Not Applicable
attached to the instrument and changes
thereof;
Details of delay in payment of interest / Not Applicable
principal amount for a period of more than
three months from the due date or default
in payment of interest / principal;
Details of any letter or comments Not Applicable
regarding payment/non-payment of
interest, principal on due dates, or any
other matter concerning the security and
/or the assets along with its comments
thereon, if any
Details of redemption of debentures The debentures shall be redeemed at the face
indicating the manner of redemption value as per the redemption schedule specified
(whether out of profits or out of fresh in the offer document.
issue)
Any cancellation or termination of Not Applicable
proposal for issuance of securities
including reasons thereof