Clean Max Enviro Allots New Equity Shares Under Employee Stock Option Scheme

Representational image. Credit: Canva

Clean Max Enviro Energy Solutions Limited has announced a fresh allotment of equity shares under its employee stock option scheme. The development was disclosed through an official regulatory filing submitted to both BSE Limited and the National Stock Exchange of India Limited. According to the filing, the company’s Stakeholders Relationship Committee approved the allotment of 3,240 fully paid-up equity shares on May 28, 2026. Each equity share carries a face value of INR 1.

The allotment has been divided into two equal parts under the Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015. Out of the total shares, 1,620 equity shares were allotted to eligible employees who exercised their vested stock options at an exercise price of INR 1 per option. Through this exercise, the company realized a total amount of INR 1,620.

In addition to this, another 1,620 bonus shares were allotted to the same employees. The company clarified that this bonus allotment was made in line with the 1:1 bonus issue approved earlier by shareholders through a resolution passed on August 8, 2025. The filing stated that the newly allotted equity shares will rank pari-passu with the existing equity shares of the company, carrying the same rights, benefits, and dividend entitlements.

Following this allotment, the paid-up share capital of Clean Max Enviro Energy Solutions Limited has increased slightly from INR 11,70,83,974 to INR 11,70,87,214. The company further noted that the diluted earnings per share are not expected to be impacted due to the very small size of the allotment compared to the overall share capital.

The filing also highlighted earlier structural changes made to the employee stock option scheme. The entitlement of option holders had previously been adjusted following a 1:10 stock split approved by shareholders on June 27, 2025. The stock split reduced the face value of the company’s equity shares from INR 10 each to INR 1 each and became effective from July 2, 2025. Along with the later 1:1 bonus share issue, these changes were implemented in accordance with the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021.

The disclosure was signed by the Company Secretary and Compliance Officer of Clean Max Enviro Energy Solutions Limited. The filing was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company stated that the detailed compliance report will also be made available on its official website for stakeholders and public review.


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