Thermax’s arm -- Thermax Sustainable Energy Solutions has been liquidated as per a National Company Law Tribunal order. As per the company, the winding up of this subsidiary will not affect any business/ accounting policies and will not have any significant impact on the financials etc.
Thermax is a leading energy and environment solutions provider is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals.