Acquisition / mergerMajor development· Adverse for the businessFiled on BSE ·

Thermax Limited reports Q1 FY27 results and approves demerger and amalgamation scheme

Thermax · Electrical Equipment

Arthneeti Research DeskPublished 1 min read
3.67%Acquisition / merger

Key highlights

  • Approved unaudited standalone and consolidated results for quarter ended June 30, 2026; Price Waterhouse limited review reported no modifications
  • Approved Scheme of Arrangement and Amalgamation among Thermax Bioenergy Solutions Pvt. Ltd., Thermax Cooling Solutions Ltd. and Thermax Limited, subject to NCLT approval
  • Demerged undertaking turnover was Rs. 239.35 Crores as on March 31, 2026, which constitutes 3.67% of Thermax Limited's total turnover in the preceding financial year

Why it's rated major development: the year-on-year change is 85% (20% or more for adverse news)

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Read the filing on BSE (PDF) →

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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.