BSE grants final approval to change NCD terms; unsecured debentures to become secured
BSE has given final approval to change the terms of 40,000 Non-Convertible Debentures of Clean Max Enviro Energy Solutions, each of face value INR 1,00,000.
- Number of NCDs
- 40,000
- Face Value per NCD
- INR 1,00,000
- Change in Mode of Security
- Unsecured to Secured
- New ISIN
- INE647U07049
- Previous ISIN
- INE647U08039
Clean Max Enviro Energy Solutions Ltd has received the final approval from BSE Limited for changing the terms of its Non-Convertible Debentures (NCDs). The approval came through BSE notice no 20260930-4 dated 30 September 2026 and relates to amendments to the terms and conditions of the Debenture Trust Deed dated 27 October 2025.
What was approved
- The NCDs covered are the 40,000 (Forty Thousand) Listed, Rated, Redeemable Non-Convertible Debentures, each with a face value of INR 1,00,000.
- Mode of security moves from Unsecured NCDs to Secured NCDs.
- The ISIN changes from INE647U08039 to INE647U07049.
The two changes in plain terms
- Unsecured means the debentures are not backed by a charge on the company's assets; secured means they are backed by such a charge. So the standing of the instrument changes, which is what a debenture holder would look at.
- The ISIN is the identification code for the debentures. It changes from INE647U08039 to INE647U07049, which goes with the revised terms of the same debentures.
How the approval came about
- The Board of Directors authorised this at its meeting held on 31 July 2026.
- The company had earlier informed the exchanges on 14 August 2026.
- The final approval from BSE is dated 30 September 2026.
The company has said the BSE notice can be accessed through the link given in the update and that the information is available on its website in its intimation dated 01 October 2026.
Also from Clean Max Enviro Energy Solutions
Corporate guarantee up to INR 45,09,00,000 approved for subsidiary's term loan
7 Oct 2026
Clean Max to join Avendus Spark virtual group investor meeting on 7 October 2026
30 Sep 2026
Clean Max Enviro Energy Solutions Ltd shareholder sells 7.25% stake, holding falls to 2.25%
30 Sep 2026
More numbers
- Non-Convertible Debentures covered40,000 (Forty Thousand)
- Face value per NCDINR 1,00,000
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