Thermax Ltd. — Regulatory Filings 2021

Aug 26, 2021

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August 25, 2021

To National Stock Exchange of India Limited The Secretary Exchange Plaza, C-1, Block G, BSE Limited Bandra Kurla Complex, PJ Towers, Dalal Street Bandra (E) Mumbai: 400 001 Mumbai – 400 051 Company Scrip Code: 500411 Company Scrip Code: THERMAX EQ

Sub: Thermax Group concluded Rs. 293 crore order. Ref: Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015

Dear Sir,

We are pleased to inform that the Thermax Babcock and Wilcox Energy Solutions (TBWES), a wholly owned subsidiary of the Company, has concluded a Rs. 293 crore order for a boiler package comprising 3 x Oil & Gas fired boilers on EPC basis for a refinery and petrochemical complex in western India.

A press release regarding the above order is attached for reference and records.

Thanking you,

Yours faithfully,

For THERMAX LIMITED

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Janhavi Khele Compliance Officer

Encl: As above

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Press Release

Thermax Group wins Rs. 293 crore order for a refinery and petrochemical complex in western India

Pune: August 25, 2021

Thermax Babcock and Wilcox Energy Solutions (TBWES), a wholly owned subsidiary of Thermax, has concluded a Rs. 293 crore order for a boiler package comprising 3 x Oil & Gas fired boilers on EPC basis for a refinery and petrochemical complex in western India.

The scope of supply includes design, manufacture, installation, erection, commissioning and testing of the 3 x Oil & Gas fired boilers. This turnkey project based on EPC encompasses civil, structural, mechanical, E & I controls work.

“TBWES has won the order in this competitive bidding project owing to its proven product experience, compliance to quality standards, manufacturing and EPC capabilities,” says Ashish Bhandari, MD & CEO, Thermax.

About Thermax Limited : Thermax Limited, a leading energy and environment solutions provider, is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. Thermax has manufacturing facilities in India, Europe and Southeast Asia. The sustainable solutions Thermax develops for client companies are environment-friendly and enable efficient deployment of energy and water resources.

For more information, visit www.thermaxglobal.com