Thermax Limited has informed the Exchange regarding Change in Director(s) of the company.
THERMAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thermax Limited's Board meeting on May 7, 2026 approved the audited financial results for FY2025-26. Consolidated revenue from operations stood at Rs 10,694 crore, up 3% from Rs 10,369 crore in the previous year. Consolidated profit before tax grew 14% to Rs 1,008 crore from Rs 884 crore. The Board recommended a final dividend of Rs 14 per share and a special dividend of Rs 6 per share to mark the company's 60th anniversary, aggregating to Rs 20 per share (1000%), subject to shareholder approval at the 45th AGM. Dr. Ravi Shankar Gopinath was re-appointed as Non-Executive Independent Director for a second term of 5 years (Nov 2026 to Nov 2031). Ms. Kavita Singh was appointed as Chief Human Resources Officer and Senior Management Personnel effective May 25, 2026.
The financial performance shows healthy growth in profits despite modest revenue growth. The special dividend declaration underscores management confidence and rewards shareholders amid the company's milestone year. The re-appointment of an independent director and appointment of a new CHRO indicates continuity in governance and leadership transition.