THERMAX LTD. - 500411 - Disclosure Of Related Party Transactions
Pursuant to Regulation 23(9) of Listing Regulations, please find enclosed details of Related Party Transactions on a consolidated basis for the year ended March 31, 2020.07-07-2020
07-07-2020
THERMAX LTD. - 500411 - Closure of Trading Window
Intimation of Closure of Trading window02-07-2020
THERMAX LTD. - 500411 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
This is to inform you that the Board of Directors at its meeting held on February 8, 2019 has amended the 'Code of Practices and Procedures for Fair disclosures of Unpublished Price Sensitive information' (the Code) of the Company pursuant to the amendment made by the SEBI (Prevention of Insider Trading) (Amendment) Regulations, 2018. We are enclosing the copy of amended Code for your records.26-06-2020
Hold Thermax; target of Rs 772: ICICI Securities
ICICI Securities recommended hold rating on Thermax with a target price of Rs 772 in its research report dated June 20, 2020.25-06-2020
THERMAX LTD. - 500411 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to the Regulation 24A of the SEBI (LODR) Regulations, 2015 read with the SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019; please find enclosed the Annual Secretarial Compliance Report issued by SVD & Associates, Company Secretaries, for the financial year ended March 31, 2020.24-06-2020
Buy Thermax; target of Rs 865: YES Securities
YES Securities is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 865 in its research report dated June 21, 2020.23-06-2020
Hold Thermax; target of Rs 830: ICICI Direct
ICICI Direct recommended hold rating on Thermax with a target price of Rs 830 in its research report dated June 20, 2020.22-06-2020
Hold Thermax; target of Rs 815: Sharekhan
Sharekhan recommended Hold rating on Thermax with a target price of Rs 815 in its research report dated June 19, 2020.20-06-2020
THERMAX LTD. - 500411 - Announcement under Regulation 30 (LODR)-Change in Directorate
In terms of the above referred regulations read with its Part A of Schedule III, we wish to inform you that the Board of Directors of the Company at its meeting held on June 18, 2020 has approved the appointment of Mr. Ashish Bhandari (DIN: 05291138) as an Additional Director and Key Managerial Personnel of the Company with effect from June 18, 2020. He will move in to the role of the Managing Director & CEO of the Company w.e.f. September 1, 2020. We request you to take the following on your records: a. Brief profile of Mr. Ashish Bhandari. b. Disclosure of relationships between directors - Mr. Ashish Bhandari is not related to any of the existing directors of the Company. We further wish to inform you that the Board of Directors has decided to extend the term of Mr. M.S. Unnikrishnan, MD & CEO of the Company up to August 31, 2020 which was ex-piring on June 30, 2020. You are requested to take note of the above.19-06-2020
Thermax Q4 PAT down 69% at Rs 39 crore
The company had posted a PAT of Rs 127 crore during the same period a year ago, Thermax Ltd said in a statement.18-06-2020