Thermax Limited — Others, 01-08-2025: Change in Director(s)

Thermax shareholders have approved the re-appointment of Mr. Ashish Bhandari as Managing Director and Chief Executive Officer. This re-appointment is for a five-year term, ensuring continuity in leadership. Mr. Bhandari has been pivotal in steering the company's strategic direction towards energy transition and sustainability since September 2020. His leadership focuses on driving innovation, strengthening global relationships, and expanding into emerging sectors. He champions digital transformation through AI, IIoT, and data analytics, aiming to grow new business areas significantly by 2030. This ensures stable leadership for Thermax's future growth and strategic initiatives.