NSE: CLEANMAX · 26 October 2026
- Clean Max Enviro Energy Solutions Ltd. (CLEANMAX) declined 1.25% today, settling at ₹1,161.20 after moving between an intraday high of ₹1,177.90 and a low of ₹1,143.50.
- The Risk Management Committee of Clean Max Enviro Energy Solutions approved the issuance of corporate guarantees favoring lenders for subsidiary term loan facilities. Guarantees of ₹79.50 crore and ₹25.50 crore were extended on behalf of Clean Max Como Private Limited and Clean Max Roku Private Limited respectively.
- Trading volume was 0.22 times the 20-day average daily volume.
Why is Clean Max Enviro Energy Solutions share price falling on 26 October 2026?
Clean Max Enviro Energy Solutions Ltd. (CLEANMAX) declined 1.25% today, settling at ₹1,161.20 after moving between an intraday high of ₹1,177.90 and a low of ₹1,143.50.
The broader market benchmark Nifty advanced 0.68% during the session, indicating a divergence as the stock lagged behind the broader market trend amid an ongoing near-term correction phase.
Recent developments surrounding the company include the Risk Management Committee approving corporate guarantees totaling ₹105 crore across subsidiaries on 21-Oct-2026, alongside an international acquisition in Thailand earlier in the month. While these corporate updates provide operational context regarding the company's renewable expansion strategy, no direct same-day catalyst was disclosed to explain today's price movement.
2.63 lakh shares traded by 26 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 11.67 lakh shares (0.22 times). The five-day average daily volume was 2.07 lakh shares. Separately, the NSE report for 23 October 2026 showed 1.89 lakh shares delivered, representing 57.13% of that day’s traded volume. The same report recorded 37,830 trades.
No confirmed single catalyst explains today's 1.25% drop. The price action appears consistent with continuation of recent weakness and subdued participation relative to the broader market.
Latest Company Developments
The Risk Management Committee of Clean Max Enviro Energy Solutions approved the issuance of corporate guarantees favoring lenders for subsidiary term loan facilities. Guarantees of ₹79.50 crore and ₹25.50 crore were extended on behalf of Clean Max Como Private Limited and Clean Max Roku Private Limited respectively.
It outlines ongoing financial support and credit enhancement for the company's expanding project portfolio through its subsidiaries.
The company's wholly owned international subsidiaries entered into a share purchase agreement to acquire a 100% stake in Massmunch Company Limited for an enterprise value of Thai Baht 1,250,000. The target entity will operate as a step-down wholly owned subsidiary focused on renewable energy generation.
This transaction expands the company's international footprint and development capacity within the solar renewable energy sector in Thailand.
The board approved the sale of 2,600 shares representing a 26% stake in its wholly owned subsidiary Clean Max Hachi Private Limited to Chambal Fertilisers and Chemicals Limited for a cash consideration of ₹26,000, with the transaction expected to be completed by 30-Nov-2026.
It reflects strategic equity adjustments in a newly incorporated subsidiary without any major material impact on consolidated revenues.
Clean Max Enviro Energy Solutions Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Acquisition of Massmunch Company Limited by Cleanmax Energy (Thailand) Company Limited and Cleanmax IHQ (Thailand) Company Limited, both are wholly owned subsidiaries of Cleanmax Solar MENA FZCO (Dubai), which is a wholly owned subsidiary of Clean Max Enviro Energy Solutions Limited ( the Company ).
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.19% on 30 September 2026. This compares with 3.16% on 30 June 2026, a change of +3.03 percentage points.
The filing reported 25 MF/UTI holders.
Research & Brokerage Views
Initiated coverage with an Outperform rating, highlighting growth potential in the renewable energy segment.
Maintained a buy rating citing a strong renewable growth outlook across commercial and industrial segments.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on international renewable projects in Thailand following recent subsidiary acquisitions.
- Completion timelines for the stake sale agreement concerning Clean Max Hachi Private Limited.
- Delivery percentage trends relative to the 20-day average volume metrics.
- Quarterly financial disclosures and operational updates regarding green bond deployment.
More Clean Max Enviro Energy Solutions news and dated analysis →
Frequently Asked Questions
What is the latest Clean Max Enviro Energy Solutions company news?
The Risk Management Committee of Clean Max Enviro Energy Solutions approved the issuance of corporate guarantees favoring lenders for subsidiary term loan facilities. Guarantees of ₹79.50 crore and ₹25.50 crore were extended on behalf of Clean Max Como Private Limited and Clean Max Roku Private Limited respectively.
How strong was Clean Max Enviro Energy Solutions’s trading volume?
2.63 lakh shares traded, 0.22 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.