News Announcement

Thermax: Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015-Temporary Suspension Of Production At Manufacturing Facilities Closure Of Business Offices / Sites

In light of the outbreak of coronavirus (Covid-19) and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby communicate as under:

The Company has temporarily suspended production at its Chinchwad and Bhosari Sholapur manufacturing facilities located at Maharashtra Sricity plant located at Andhra Pradesh Savli & Mundra plants located in Gujarat till 25th March 2020 / 31st March 2020 further to government guidelines in this regard. The company has also closed its business offices at various locations in India and services at O&M sites in India and abroad further to local government guidelines.

The Company has formed a team of its senior employees to keep close eye on the situation emerging out of out-break of Covid -19. If required the Company may take decision to shut down its operations at its other plants and upon the same necessary communication will be sent to all concern in due course.

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