Thermax Limited — Others, 18-02-2025: Shareholders meeting

Thermax has announced a board meeting to discuss the results of a postal ballot confirming the appointment of Mr. Parag Shah as a Non-Executive Independent Director for five years, effective from December 12, 2024. The e-voting concluded with an overwhelming majority in favor, where approximately 99.99% of votes supported the resolution, reflecting strong shareholder backing and confidence in governance. This outcome indicates potential stability within the board and could bolster investor sentiment, signaling a positive outlook for the company’s strategic direction.