Thermax Limited has informed the Exchanges that the Board of Directors at their meeting held on July 30 2026 have approved the proposed Scheme of Arrangement and Amalgamation between Thermax Bioenergy Solutions Private Limited (Demerged Company) and Thermax Cooling Solutions Limited (Transferor Company) and Thermax Limited ("Resulting Company" or "Transferee Company") and their respective shareholders subject to requisite statutory and regulatory approvals.