Clean Max Enviro Allots 41,420 Employee Shares Under EEOS, Raises Paid-Up Capital

Clean Max Enviro Energy Solutions Limited has announced the allotment of 41,420 equity shares to eligible employees under its Employee Stock Option Scheme 2015 (CMES ESOS). The allotment was approved by the Stakeholders Relationship Committee of the Board of Directors on June 26, 2026, as part of the company’s employee incentive programme.

The total allotment includes 20,710 equity shares issued after eligible employees exercised their vested stock options. These shares were allotted at an exercise price of INR 1 per option. In addition, the company allotted another 20,710 bonus equity shares in a 1:1 ratio. The bonus shares were issued in line with the approval granted by shareholders through a resolution passed on August 8, 2025.

According to the company, all the newly allotted equity shares have a face value of INR 1 each and are fully paid up. These shares will rank pari-passu with the existing equity shares of the company, giving them equal rights in terms of dividends, voting, and other shareholder benefits.

The exercise of the employee stock options generated a total amount of INR 20,710 for the company. Following the allotment, the paid-up equity share capital of Clean Max Enviro Energy Solutions Limited has increased from INR 11,71,75,990 to INR 11,72,17,410. The company stated that the increase in the number of shares is relatively small and, therefore, has no impact on its diluted earnings per share (EPS).

The company also clarified that the equity shares allotted to employees under the scheme are not subject to any lock-in period. This means that the employees will be free to deal with the shares in accordance with applicable regulations and company policies.

The allotment has been carried out in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was formally signed by Ullash Parida, Company Secretary and Compliance Officer, and issued from Mumbai.

Clean Max Enviro Energy Solutions Limited has informed both BSE Limited and the National Stock Exchange of India Limited (NSE) about the allotment and the resulting change in its paid-up share capital. The company has also made the details of the allotment available on its official website to ensure transparency and keep shareholders and investors informed about the latest corporate development.