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Thermax LimitedUpdates, 17-10-2025: Scheme of Arrangement

17-10-2025 | 06:20 pm

Thermax board approved merging wholly-owned Buildtech (construction materials) to simplify structure. Also, 40 Cr equity infusion for specialty chemicals subsidiary FCIPL and up to 42 Cr support (equity/loan) for Bio CNG step-down subsidiary Enernxt, both for CAPEX/OPEX.

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