Clean Max Enviro 16th AGM on 24 Jul 2026: 56 resolutions

Meeting scheduled via VC/OAVM

Clean Max Enviro Energy Solutions Limited will hold its 16th Annual General Meeting (AGM) on Friday, 24 July 2026 at 03:00 PM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company has set out a large agenda for shareholder approval, covering 56 resolutions. The proposals include material related party transactions (RPTs) and the ratification of auditor remuneration, as disclosed in the AGM notice details.

The company said the Board recommends all the resolutions for approval. The AGM follows a Board of Directors meeting held on 29 June 2026, where directors approved the financial results for the year ended 31 March 2026 and the Board’s Report for FY 2025-26.

Deemed venue and registered office address

Although shareholders will attend online, the deemed venue for the meeting is the company’s registered office. Clean Max Enviro Energy Solutions has listed the deemed venue as: 4th Floor, The International, 16 Maharshi Karve Road, New Marine Lines, Cross Road No. 1, Churchgate, Mumbai - 400 020.

For companies conducting AGMs through VC/OAVM, the deemed venue disclosure is a standard procedural requirement. It anchors the meeting to the registered office location for regulatory and documentation purposes, even when participation is fully digital.

What is on the voting agenda

The company’s AGM notice seeks shareholder approval for 56 resolutions. The set includes proposals classified under ordinary business and other items, including material RPT approvals and auditor-related matters. Clean Max Enviro Energy Solutions has indicated that these resolutions are recommended by the Board.

A large number of resolutions generally reflects a mix of statutory approvals, governance appointments, auditor proposals, and transaction approvals requiring shareholder consent. In this AGM, the company has specifically highlighted material related party transactions and auditor remuneration ratification among the items.

Ordinary business: financial statements and director retirement by rotation

Under ordinary business, shareholders will vote on the adoption of audited standalone and consolidated financial statements for FY 2025-26. This is the standard annual approval covering the audited accounts for the year ended 31 March 2026.

The AGM also includes the re-appointment of Mr. Murzash Manekshana (DIN: 00207311), who retires by rotation. The re-appointment is subject to shareholder approval at the meeting.

Auditor and compliance items on the table

Among the specific items disclosed, the AGM includes ratification of cost auditor remuneration. The company has proposed ratifying remuneration of ₹1,75,000 (exclusive of applicable taxes and out-of-pocket expenses) payable to M/s Joshi Apte & Associates, Cost Accountants (Firm Registration No. 000240), for FY 2026-27.

The agenda also includes appointment of secretarial auditors. The company has proposed appointing M/s BNP & Associates, Company Secretaries (Firm Registration No. P2014MH037400), as Secretarial Auditors for a term of five consecutive financial years commencing from 01 April 2026 to 31 March 2031.

Remote e-voting window and cut-off date

Clean Max Enviro Energy Solutions has disclosed remote e-voting dates for shareholders who choose to vote electronically ahead of the AGM. Remote e-voting will be available from Tuesday, 21 July 2026 at 09:00 AM IST to Thursday, 23 July 2026 at 05:00 PM IST.

The cut-off date for determining eligible members entitled for remote e-voting is Friday, 17 July 2026. The cut-off date is used to determine shareholder eligibility for voting based on holdings as of that date.

Board meeting context: approvals ahead of AGM

The AGM schedule follows a Board meeting held on 29 June 2026. At this meeting, the Board approved the financial results for the year ended 31 March 2026 and the Board’s Report for FY26. The company also described the meeting as part of its annual reporting and AGM preparation process.

In a separate description of the same Board meeting, the company stated that it fixed the cut-off date for dispatch of the Annual Report and for remote e-voting procedures, and approved the Board’s Report and annexures for the year ended March 31, 2026.

FY26 performance snapshot: revenue and profit

For FY 2025-26, the company reported consolidated revenue of ₹1,913 crore and profit after tax (PAT) of ₹85.58 crore. It also stated that consolidated PAT increased 340% year-on-year, while revenue rose 28%.

Separately, the company disclosed operational metrics including operational capacity of 3.1 GW and a contracted portfolio of 5.7 GW. It also reported a run-rate EBITDA of ₹1,870 crore.

Stock move mentioned alongside the AGM update

Alongside the corporate update, the company’s shares were reported to have slipped 3.48% in post-market trading to ₹1,300.5. The trading range cited for the session was a low of ₹1,281 and a high of ₹1,376.2, with 469,547 shares traded.

Such day-to-day moves can reflect broader market conditions and liquidity, but the AGM itself is primarily a compliance and shareholder-approval event. Investors typically track whether any material RPT approvals or governance changes are being sought at the meeting.

Key facts at a glance

Why the AGM agenda matters for shareholders

A key element of this AGM is the breadth of approvals being sought, particularly around material related party transactions. Material RPTs require shareholder consent under listing and corporate governance norms, and investors often review the rationale and safeguards in the explanatory statements.

The auditor-related proposals also matter because they directly relate to governance, compliance oversight, and the company’s annual assurance processes. The FY26 financial approvals, director re-appointment, and auditor items together form the backbone of the annual shareholder decision cycle.

Conclusion

Clean Max Enviro Energy Solutions’ 16th AGM on 24 July 2026 will be held online via VC/OAVM, with shareholders voting on 56 resolutions that include material RPT approvals, auditor remuneration ratification, and standard annual items such as adoption of FY26 accounts. The company has also set remote e-voting from 21 July to 23 July 2026, with 17 July 2026 as the cut-off date for eligibility. The next formal step is the shareholder voting outcome at the AGM and the subsequent disclosures following the meeting.