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Thermax Limited (THERMAX.NS)

3,134.90 +22.70 (+0.73%)
At close: 3:30:01 PM GMT+5:30

Key Executives

Amounts are as of December 31, 2026 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.
Name Title Pay Exercised Year Born
Mr. Ashish Bhandari
MD, CEO & Additional Director 146.24M -- 1971
Mr. Rajendran Arunachalam
Executive VP & Group CFO 28.5M -- --
Dr. Santanu Chaudhuri
Executive VP & Chief Technology Officer -- -- --
Dr. Amit Sethi
Executive VP and Chief Digital & Information Officer -- -- --
Ms. Sangeet Hunjan
Company Secretary & Compliance Officer -- -- --
Samina Khalid
Head of Corporate Communication -- -- --
Ms. Kavita Singh
Chief Human Resources Officer -- -- --
Mr. B. C. Mahesh
President & BU Head of Industrial Products -- -- --
Mr. Dinesh Mandhana
Executive VP & BU Head of Chemical -- -- --
Mr. Arun Unni
Executive VP and Business Head of New Energy & Head of Strategy -- -- --

Thermax Limited

Thermax House
14, Mumbai-Pune Road Wakdewadi
Pune, 411003
India
91 20 6605 1200 https://www.thermaxglobal.com
Sector: 
Industrials
Industry: 
Conglomerates
Full Time Employees: 
3,962

Description

Thermax Limited, together with its subsidiaries, provides energy and environment solutions in India and internationally. The company is involved in the manufacturing, installation, sales, and services related to boilers and heating equipment, absorption chiller/heat pumps, air pollution control equipment/systems, water and waste recycling; and provision of associated services and engineering, procurement, and construction (EPC). It also provides EPC of power plants, infra projects, and flue gas desulphurisation projects; manufactures, installs, sells, and services related to ion exchange resins, performance chemicals, construction chemicals, water treatment chemicals, oil field chemicals, paper and construction chemicals, and related services; and builds, owns and operates models, energy management solutions, oil and gas-fired, green hydrogen project, and solar and wind renewable energy. In addition, the company is involved in the supply and erection commissioning of aircooled condenser, rotary air preheater, electrostatic precipitator, and bag houses; installation of industrial machinery and equipment; investment and flooring chemical businesses; own and lease out property; and manufacturing steam trap systems. Further, it provides technical assistance, marketing and sales support, supervision for project business, and operation and maintenance services, as well as turnkey solutions. It serves agriculture and allied, automobile and auto, components, bio-CNG, biotechnology, brewery and distillery, cement, chemicals, construction, engineering and capital, goods, ethanol, fertiliser and agro, FMCG, food and beverages, healthcare, hospitality, infrastructure, IT and data centres, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, and semiconductors industries. Thermax Limited was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Corporate Governance

Thermax Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

November 5, 2026 at 10:00 AM UTC

Thermax Limited Earnings Date

Recent Events

July 3, 2026 at 12:00 AM UTC

Ex-Dividend Date

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