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Thermax informs about incorporation of wholly owned step-down subsidiary

12 Apr 2025 Evaluate

Thermax has informed that the Ministry of Corporate Affairs (MCA) has issued certificate of incorporation in the name of “Fortmax Chemicals India Private Limited” (FCIPL) on April 11, 2025. Accordingly, FCIPL has become a wholly owned step-down subsidiary of the Company.

The above information is a part of company’s filings submitted to BSE.


Peers
Company Name CMP
Bharat Heavy Elect. 423.00
Thermax 3462.85
Kirloskar Industries 3678.25
Skipper 568.00
INDO-MIM 1251.30
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