Thermax Limited has officially notified stock exchanges about its upcoming Board of Directors meeting scheduled for May 7, 2026. The meeting will focus on reviewing the company's financial performance for the fourth quarter and full year ended March 31, 2026.

Board Meeting Agenda

The board meeting has been convened to address several key corporate matters as outlined in the company's communication to BSE and NSE.

Regulatory Compliance

The announcement has been made in compliance with Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

Trading Window Status

Thermax has provided important information regarding its trading window restrictions. The company had previously closed the trading window on March 27, 2026, as part of its insider trading prevention measures. The trading window will reopen 48 hours after the official declaration of financial results for the quarter and year ended March 31, 2026.

Corporate Communication

The formal intimation was signed by Sangeet Hunjan, Company Secretary & Compliance Officer, and dated April 16, 2026. The communication was addressed to both major Indian stock exchanges where Thermax shares are listed - BSE Limited and National Stock Exchange of India Limited.

Investors and stakeholders will be closely watching the May 7, 2026 board meeting outcomes, particularly the financial performance metrics and any dividend announcements for the concluded financial year.

Thermax Limited has announced that the final hearing for its scheme of merger by absorption with Buildtech Products India Private Limited is scheduled before the National Company Law Tribunal (NCLT) Mumbai on May 8, 2026. The company informed both BSE and NSE about this development through a regulatory filing on April 14, 2026.

NCLT Hearing Details

The merger petition was initially presented before the NCLT Mumbai Bench on March 24, 2026, and was subsequently heard and admitted on March 27, 2026. The final hearing has now been scheduled for Friday, May 8, 2026, for the scheme's sanction and disposal.

Regulatory Compliance and Public Notice

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Thermax published newspaper advertisements on April 14, 2026, in Financial Express (English) and Loksatta (Marathi) newspapers. These advertisements inform stakeholders about the upcoming NCLT hearing and comply with Rule 35 of National Company Law Tribunal Rules, 2016.

The merger scheme is being executed under Sections 230 to 232 of the Companies Act, 2013, read with the Companies (Compromises, Arrangements and Amalgamation) Rules, 2016. The scheme involves the complete absorption of Buildtech Products India Private Limited into Thermax Limited along with their respective shareholders.

Stakeholder Participation Process

The public notice specifies that any person wishing to support or oppose the petition must send written notice to the petitioners or their professional representatives. Such notices must include the person's name, address, and be signed by them or their advocate. For those opposing the petition, grounds of opposition or a copy of their affidavit must be furnished with the notice.

Company Information and Authorization

The regulatory filing was signed by Sangeet Hunjan, Company Secretary & Compliance Officer of Thermax Limited (Membership No: A23218). The document was digitally signed on April 14, 2026, at 14:46:27 +05'30'. A R C H and Associates, Chartered Accountants, located at 1804, Anmol Pride, S.V. Road, Goregaon (West), Mumbai - 400 104, serve as the professional representatives for both petitioner companies in this merger process.