India's Clean Max Enviro Energy Solutions jumps after $260 mln green bond issue
29/09/2026 05:57
BUZZ-India's Clean Max Enviro Energy Solutions jumps after $260 mln green bond issue ** Shares of India's Clean Max Enviro Energy Solutions CLEM.NS rise as much as 3.18% to 1,416.80 rupees
** Co raises 25 billion rupees ($260.08 million) through green non-convertible debentures on a private placement basis
** Proceeds will be used to finance or refinance solar, wind, hybrid power and battery storage projects
** Co says issuance broadens its access to long-term institutional funding beyond equity and project-level debt
** CLEM rated "strongbuy" on average by 7 analysts, median PT at 1,650 rupees - LSEG compiled datat
** Stock up 45.61% since listing on March 2
($1 = 96.1250 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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India's Clean Max Enviro Energy Solutions jumps after $260 mln green bond issue