CleanMax on Sep 28, 2026, raised ₹2,500 crore via private placement of green non-convertible debentures, the first green bond issue in India's C&I renewable sector and one of its largest domestic capital market transactions. Issued across five series with 2-10 year tenors at 8.25%-8.76% fixed rate, the secured lock-box structured issue is backed by its recent CRISIL AA/Stable rating.
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