ALFA Filings
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Thermax Limited incorporated a new wholly-owned step-down subsidiary, Thermax Botswana Proprietary Limited, via its subsidiary TECC. The entity will provide support services for power plants.
SBI Mutual Fund sold 7,776 shares of Thermax Ltd, reducing its stake to 5.5957%. The sale was a market transaction.
Thermax Limited shareholders approved the re-appointment of Dr. Ravi Shankar Gopinath as a Non-Executive Independent Director for a second five-year term starting November 10, 2026.
Thermax reported Q1 FY27 revenue growth of 7% YoY to Rs. 2,303 crore, but PAT dropped 86% to Rs. 22 crore due to a one-time Rs. 91 crore cost overrun in Industrial Infra.
Thermax Limited held its 45th Annual General Meeting on July 30, 2026. Shareholders transacted ordinary and special business, including dividend approval and director re-appointments.
Thermax Limited approved the amalgamation of its wholly-owned subsidiary, Thermax Cooling Solutions Limited, to simplify group structure. No new shares will be issued in this transaction.
Thermax Ltd reported revenue from operations of ₹2,303 Cr (+6.7% YoY) and net profit of ₹21.8 Cr (-85.6% YoY) for Q1 FY27.
Thermax Limited scheduled a board meeting for July 30, 2026. The board will consider un-audited financial results for the June quarter.
Thermax Ltd submitted its BRSR for FY 2025-26 as per SEBI norms. The report details operations, employees, and subsidiaries for stakeholder transparency.
Thermax Limited has issued notice for its 45th AGM on July 30, 2026. The agenda includes approving financials, declaring dividends, and re-appointing directors.
Mr. Kirtiraj Jilkar has resigned as Executive Vice President and BU Head - P&ES. His resignation is effective from June 30, 2026.
Thermax incorporated a new subsidiary in Dubai for Rs.0.94 Crore. The entity will provide project management and turnkey contracting services in the Middle East.
Thermax incorporated a new subsidiary in Dubai for on-site project management. The investment involves a cash consideration of AED 367,000, approximately Rs.0.92 Crore.
Thermax Limited incorporated a wholly owned step-down subsidiary in Dubai. The new entity focuses on on-site project maintenance and management services.
Thermax Limited received NCLT approval for the merger of its wholly owned subsidiary, Buildtech Products India Private Limited, into itself. The consolidation aims to improve operational efficiencies.
Thermax Limited corrected inadvertent errors in its standalone financial results for FY26 regarding 'Other Income' and expense classifications. The company has submitted revised XML files to exchanges.
Thermax Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms full regulatory compliance with no observations.
Thermax management is optimistic about international growth and data center cooling despite domestic project delays and margin pressure in the chemical segment due to underutilized capacity.
Thermax Limited granted 17,812 stock options to employees under its ESOP 2021 scheme. These options vest over three years and have a five-year exercise period.
Thermax Limited announced the sad demise of Independent Director Dr. S.B. (Ravi) Pandit on May 8, 2026. He served on the company's board since 2017.
Thermax reported strong Q4 FY26 performance with 13% revenue growth and 18% PAT growth, driven by a record order book of Rs. 13,604 crore.
Thermax Limited re-appointed Ravi Shankar Gopinath as Independent Director for a five-year term starting November 2026. This move ensures board continuity and strategic governance.
Thermax Limited recommended a final dividend of ₹20 per equity share for FY 2025-26. The record date for payment is fixed as July 03, 2026.
Thermax Ltd reported revenue from operations of ₹3,428 Cr (+12.5% YoY) and net profit of ₹244.4 Cr (+18.9% YoY) for Q4 FY26.
Thermax Limited approved its FY 2025-26 audited financial results and recommended an aggregate dividend of Rs. 20 per share (1000% face value). The board also re-appointed Dr. Ravi Shankar Gopinath as Independent Director and appointed Ms. Kavita Singh as CHRO. Consolidated PAT grew 18% YoY to Rs. 244 Crore for the final quarter.
Thermax Limited has scheduled a Board Meeting on May 7, 2026, to consider audited standalone and consolidated financial results for the year ended March 2026. The Board will also recommend a final dividend. The trading window remains closed from April 1, 2026, until May 10, 2026.
Thermax Ltd has scheduled a Board Meeting on May 7, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend for FY 2025-26. The trading window remains closed until 48 hours after the results declaration.
Thermax Limited has completed the acquisition of a 51% stake in Exactspace Technologies Private Limited. Following this transaction, Exactspace has officially become a subsidiary of the company. This move follows the definitive agreements signed on February 27, 2026.
Thermax Limited completed the acquisition of a controlling stake in Exactspace Technologies Private Limited on April 9, 2026. The company's shareholding increased to 51%, making Exactspace a subsidiary. This strategic acquisition enhances Thermax's portfolio through majority control of the technology entity.
Thermax Limited submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The company confirmed that securities received for dematerialization were verified, mutilated, and cancelled, with the depository's name substituted in the records within the mandated 15-day timeline.