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.
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 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.