With reference to the letter dated August 11, 2016 intimating about proposed additional investment of Rs 6 crore by Thermax (the Company), in FE. Thermax has now informed that the Company has invested Rs 6 crores in FE. Further the Company has increased its shareholding in FE from 33% to 54.67% making it a subsidiary of the Company.
The above information is a part of company’s filings submitted to BSE.