Thermax Limited — Others, 20-03-2025: Appointment

Thermax has announced a board meeting regarding the appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors for a five-year term starting from the conclusion of the 44th Annual General Meeting (AGM). This firm replaces the current auditors, M/s. SRBC & Co. LLP, whose term concludes at the same AGM.

The shift to a new auditing firm underlines a strategic move to enhance audit oversight, which could bolster investor confidence. This development may signal a positive outlook for shareholders, as Termax aligns its governance practices with best standards.