CleanMax gets Sebi nod for Rs 5,200 crore IPO, eyes debt reduction and growth push

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Clean Max Enviro Energy Solutions, India’s top C&I renewable energy provider, received Sebi approval for its ₹5,200 crore IPO, comprising ₹1,500 crore fresh issue and ₹3,700 crore OFS. Proceeds will mainly fund debt repayment, expansion, and corporate purposes.