THERMAX LTD. - 500411 - Intimation Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform you that the Board of Directors of Wholly Owned Subsidiaries of the Company namely, Thermax Cooling Solutions Limited (TCSL/Demerged Company) and Thermax Instrumentation Limited (TIL/Resulting Company) have approved the Scheme of Arrangement between TCSL and TIL and their respective shareholders (Scheme) under Sections 230 to 232 read with section 66 of the Companies Act, 2013 at their respective Board Meeting(s) held on December 20, 2022.20-12-2022
