Thermax Limited — Important, 20-12-2024: General Updates

Thermax has completed the acquisition of 100% equity share capital of Buildtech Products India Private Limited, making Buildtech a wholly owned subsidiary. This strategic move expands Thermax's operational footprint and enhances its capabilities in the market. The integration of Buildtech could drive synergies and contribute positively to future revenue streams. Investors should monitor this development closely, as it presents a potential growth opportunity for the company and may strengthen its competitive positioning.