Acquisition / mergerFiled on BSE ·
Thermax Limited completes acquisition of remaining 49% stake in TSA Process Equipments Pvt Ltd
Thermax Ltd · Electrical Equipment
What the filing says
- Thermax acquired 49% shares in TSA Process Equipments for ₹42 crore, completing full ownership
- TSA is engaged in turnkey solutions for water treatment, with ₹166.99 crore turnover in FY 2025-26
- Acquisition is a related party transaction done at arm’s length; TSA incorporated on 21/10/2004
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.