Statement of deviation(s) or variation(s) under Reg. 32
As filed · Clean Max Enviro Energy Solutions Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
Special SituationWatchNotablemateriality 70 out of 100
What happened
FactStatement of deviation(s) or variation(s) under Reg. 30 September 2026. We are also enclosing the Monitoring Agency Report for the quarter ended 30 September 2026.
Why it matters
CapitSignal interpretationAn IPO sets the price at which public holders first take on the business, and the fresh-issue/OFS split decides whether the money reaches the company or the selling shareholders.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedEarlierQ3 FY26
the tenor of the PPA continues to be high across I think nearly 1,200 power purchase agreements.
NowQ3 FY26
the weighted average tenor is about 23 years.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved -98.08%.confidence 60%
Watch next
Fact- Price band and issue size
- Fresh issue versus offer for sale
- Stated use of the fresh-issue proceeds
- we are now comfortable providing a sort of threshold EBITDA guidance for next fiscal, which is FY28. (management committed by FY28)
- Based on our continued performance, we feel confident about giving a guidance of minimum EBITDA of ₹ 3,000 Cr (management committed by FY27)
Evidence
- Monitoring Agency Report(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- IPO base 70; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%