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Thermax Ltd. Regulatory Filings 2021

Nov 11, 2021

Regulatory Filings

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	mitednside	(theCompany)atitsmeetingofBoredandapproved:	(theCompany)atitsmeetingofBoredandapproved:	(theCompany)atitsmeetingofBoredandapproved:	ardofDirectorsheldon29October2021has
	quisitp-dowhollyedetions,easf	ionofSharesofThermaxEnergy&EwnsubsidiaryofthecompanyfromTh ownedsubsidiaryoftheCompany.ailsasrequiredunderSEBI(ListingO 2015readwithSEBICircularNo.CIollows:			nvironmentLanka(Private)Limited(TEELK), aermaxEngineeringSingaporePte. Ltd. (TESPL),bligationsandDisclosureRequirements)Regu-R/CFD/CMD4/2015datedSeptember09,2015
S	r. No		Particulars		Details
	a)		Detailsandreasonsforrestructuring	ThepropTOESLtoe	osedrestructuringarrangementwouldaidxpanditsbusinessinSriLankaregion
	b)		Quantitativeand/orqualitativeeffectofrestructuring	Pursuanttwillbecomwillundervaluationoshallbedi	otheacquisitionofTEELKbyTO ESL,TEELKeawhollyownedsubsidiaryofTOESLwhichtakebusinessoperationsinSriLanka.ThefsharesofTEELKisyettobedeterminedandsclosedseparately.

	c)		Detailsofbenefit,ifany,tothe	ThereISgroup/gro	nobenefittothepromoter/promoterupcompaniesfromtheaboveproposed
			promoter/promotergroup/groupcompaniesfromsuchproposedrestructuring;	restructuringsinceitisaninternalrestructuringofawhollyownedsubsidiaryandstepdownsubsidiaries.

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	ShareholdinginTEELK:NameofthePre-CompanyrestructuringTESPL100%TOESLNilrHERMAXPostrestructuringNil100%	ShareholdinginTEELK:NameofthePre-CompanyrestructuringTESPL100%TOESLNilrHERMAXPostrestructuringNil100%
d)Briefdetailsofchangeinsharehold-ingpattern(ifany)ofallentities.
		Pre-restructuring
	TESPL	100%
	TOESL	Nil