The Board of Directors of Thermax Limited have recommend a dividend of INR 7 (350%) per equity share of INR 2 each, for the financial year 2018-19, subject to approval of shareholders at the upcoming 38th Annual General Meeting. The dividend if approved will be paid to those members whose names appear in the Register of Members on July 27, 2019.

The company announced Mr. Amitabha Mukhopadhyay, Group Chief Financial Officer and Key Managerial Person has resigned from the Company and his resignation was accepted effective May 31, 2019. Mr. Rajendran Arunachalam has been appointed as the Group Chief Financial Officer and Key Managerial Person of the Company effective June 1, 2019.