Thermax Limited — Others, 18-02-2025: Change in Director(s)

THERMAX has announced a board meeting to confirm the appointment of Mr. Parag Shah as a Non-Executive, Independent Director, approved through a Postal Ballot. His term will run for five consecutive years, from December 12, 2024, to December 11, 2029.

This appointment brings significant experience, as Mr. Shah is the founder of Amara Partners and previously held key roles at the Mahindra Group. His extensive background in growth capital, business transformation, and M&A may prove valuable for THERMAX's strategic pursuits.

Investor sentiment may view this development positively due to Mr. Shah's credentials, potentially providing fresh insights and driving future initiatives.