Thermax Limited has informed the Exchange regarding Demise of Dr S B (Ravi) Pandit, Non- Executive Independent Director of the company on May 08, 2026.
THERMAX · price
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Thermax Limited announces the passing of Dr. S.B. (Ravi) Pandit, who served as a Non-Executive Independent Director on the Board since 2017. He died on Friday, May 8, 2026. The company expressed deep sorrow and noted that Dr. Pandit's wisdom, experience, and leadership greatly benefited the organisation during his tenure. Chairperson Mrs. Meher Pudumjee described it as a profound loss for India, the Board, and all who worked with him, highlighting his vision and commitment to sustainability. The company extended heartfelt condolences to his family.
The passing reduces the Board's Independent Director composition, which may require the company to fill the vacancy to maintain compliance with board composition requirements.