NSE: CLEANMAX · 26 October 2026
- Clean Max Enviro Energy Solutions Ltd. (CLEANMAX) declined 1.85% today, trading between a day's low of ₹1,152.00 and a high of ₹1,177.90 before closing the session at ₹1,154.10 compared to its previous close of ₹1,175.90.
- The Risk Management Committee of Clean Max approved the extension of corporate guarantees in favor of lenders for term loan facilities availed by subsidiaries Clean Max Como Private Limited amounting to ₹79.50 crore and Clean Max Roku Private Limited amounting to ₹25.50 crore. The guarantees are categorized as contingent liabilities on behalf of consolidated group entities at arm's length terms.
- Trading volume was 0.04 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 1.85% today, trading between a day's low of ₹1,152.00 and a high of ₹1,177.90 before closing the session at ₹1,154.10 compared to its previous close of ₹1,175.90.
The broader market benchmark Nifty edged up by 0.10% during the session. Clean Max's downward move follows a weaker near-term trend, reflecting a 5-day return of -9.55% and a 20-day return of -16.68%, putting pressure on the stock as it continues to retreat from its 52-week high of ₹1,536.00.
While no single confirmed catalyst was officially tied to today's pullback, the company recently announced on 21 October 2026 that its Risk Management Committee approved corporate guarantees of ₹79.50 crore and ₹25.50 crore for credit facilities availed by its subsidiaries Clean Max Como Private Limited and Clean Max Roku Private Limited. This follows earlier operational updates this month, including the agreement to acquire Massmunch Company Limited in Thailand and the partial sale of shares in Clean Max Hachi Private Limited.
46,915 shares traded by 26 October 2026 · 10:40 AM IST. This compares with a 20-day average daily volume of 11.67 lakh shares (0.04 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.
The stock declined 1.85% in thin trading volumes without a direct same-day operational catalyst. The move appears consistent with persistent technical weakness following recent negative returns over the past 5 and 20 trading days.
Latest Company Developments
The Risk Management Committee of Clean Max approved the extension of corporate guarantees in favor of lenders for term loan facilities availed by subsidiaries Clean Max Como Private Limited amounting to ₹79.50 crore and Clean Max Roku Private Limited amounting to ₹25.50 crore. The guarantees are categorized as contingent liabilities on behalf of consolidated group entities at arm's length terms.
Demonstrates ongoing financial backing and credit support for group subsidiary expansion without immediate direct impact on the listed entity's balance sheet.
The Board of Directors approved the sale of 2,600 shares, representing 26% of the paid-up share capital of its wholly owned subsidiary Clean Max Hachi Private Limited, to Chambal Fertilisers and Chemicals Limited for a cash consideration of ₹26,000. The transaction is expected to be completed on or before 30 November 2026.
Represents a minor portfolio rationalization and restructuring move with a non-promoter entity.
Cleanmax Energy (Thailand) Company Limited and Cleanmax IHQ (Thailand) Company Limited, both step-down wholly owned subsidiaries, entered into a Share Purchase Agreement to acquire 100% of the share capital of Massmunch Company Limited for an enterprise value of Thai Baht 1,250,000. The target entity operates in renewable energy generation.
Expands the company's international renewable energy generation footprint and solar capacity pipeline in the Thailand market.
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, citing strong renewable energy growth prospects and market positioning.
Maintained a buy rating while raising target price by 25% on the back of a strong renewable growth outlook.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on international renewable energy projects in Thailand following the Massmunch acquisition
- Completion of the share sale agreement for Clean Max Hachi Private Limited by 30 November 2026
- Utilization trends and financial performance of recently issued green bonds and NCDs
- Cash volume participation and delivery percentage against the 20-day average volume
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 approved the extension of corporate guarantees in favor of lenders for term loan facilities availed by subsidiaries Clean Max Como Private Limited amounting to ₹79.50 crore and Clean Max Roku Private Limited amounting to ₹25.50 crore. The guarantees are categorized as contingent liabilities on behalf of consolidated group entities at arm's length terms.
How strong was Clean Max Enviro Energy Solutions’s trading volume?
46,915 shares traded, 0.04 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 10:40 AM 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.