Thermax Limited announced at the board meeting held on May 9, 2025, approved appointment of Mr. Harsh Mariwala (DIN: 00210342) as the Lead Independent Director of the Company. Mr. Satish Jayaram has ceased to be the Chief Internal Auditor of the Company with effect from May 9, 2025, due to change of role within the Company and appointment of Mr. Tushar Dahale as the Chief Internal Auditor of the Company with effect from May 10, 2025. Mr. Tushar Dahale brings with him 20 years of rich experience in auditing, risk management, and corporate governance. He was previously associated with Shree Renuka Sugars Ltd. as Head Internal Audit and has extensive expertise in audits, risk and governance frameworks, policy development, statutory compliance, and strengthening internal controls across Manufacturing and FMCG industries. Mr. Dahale is a Chartered
Accountant and holds a bachelor's degree in commerce.
Thermax Limited is an India-based energy and environment solutions provider. The Company's segments include Industrial Products, Industrial Infra, Green Solutions and Chemical. Industrial Products segment includes air pollution control, cooling, heating, water and waste solutions, and specialized services. Industrial Infra segment includes boilers and fired heaters, projects and energy solutions, and specialized services. Green Solutions segment includes build-own-operate, energy management solutions, green hydrogen projects and renewable energy (solar/wind). Chemical segment includes construction chemicals, ion exchange resins, oil field chemicals and performance chemicals. Its Thermax EDGE Live is a digital solution that uses AI and machine learning to analyze data from all industrial equipment worldwide and help clients to optimize asset performance in terms of up time and efficiency. It serves various industries, including aviation, construction, biotechnology and chemicals.
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ESG MSCI
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