Thermax announced the cessation of Nawshir Mirza (DIN: 0044816) and Dr. Jairam Varadaraj (DIN: 00003361) as Non-Executive, Independent Directors of the Company upon completion of their second term of 5 years at the close of business hours of 21 July 2024. Powered by Capital Market - Live News

Thermax announced that the Ministry of Corporate Affairs (MCA) has issued certificate of incorporation in the name of �Thermax Vebro Polymers India� (TVPIPL) on 18 July 2024. Accordingly, TVPIPL has become a wholly owned step down subsidiary of the Company. Powered by Capital Market - Live News

Thermax announced that its wholly owned subsidiary, Thermax Chemical Solutions (TCSPL) has entered into shareholders agreement with Vebro Polymers Holdings (Vebro), Manchester, England to incorporate a new company engaged in flooring chemical business. The acquisition of shares by TCSPL and Vebro will be in ratio of 50.1:49.9. Powered by Capital Market - Live News

Thermax announced that the 43th Annual General Meeting (AGM) of the company will be held on 1 August 2024.Powered by Capital Market - Live News

Thermax Babcock & Wilcox Energy Solutions (TBWES), a wholly owned subsidiary of Thermax has concluded an order of Rs. 513 crore from a leading industrial conglomerate, setting up a 600 MW greenfield energy project in Botswana, Southern Africa. TBWES will supply two 550 TPH CFBC (circulating fluidised bed combustion) boilers over a period of 23 months. This order will support the development of the first phase i.e. the 300 MW power station being established by the customer. The designing, engineering, manufacturing, testing, supply, supervision of erection & commissioning, and performance testing will be undertaken by TBWES. The power generated is intended for sale to the national utility power company for sustaining the growing power requirement of the country. Powered by Capital Market - Live News