Thermax Limited has informed the Exchange about Action(s) taken or orders passed

THERMAX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.5%1-day move

₹3297.20

prior close

₹3295.80

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.4-0.7-0.9-0.7-2.5-0.5+6.9+10.9+17.1+23.7+21.6+23.3+41.9+43.8

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AI summary

Thermax Limited has disclosed receipt of an assessment order from the Office of Principal Commissioner of Customs, Ahmedabad, dated April 1, 2026. The customs authority has raised a penalty demand of Rs. 1.52 crores plus applicable interest. This demand relates to customs duty and IGST on damage to plant and goods caused by a fire incident at their SEZ facility in Dahej in 2020. The company has stated it will file an appeal challenging this demand in due course. This is being disclosed under SEBI's Regulation 30 requirements for material events.

Likely market impact

The financial impact is quantifiable at Rs. 1.52 crores plus interest, but since the company plans to challenge the order through appeal, the ultimate liability remains uncertain. No immediate operational disruption is expected as the matter is at the pre-litigation stage.