Thermax Ltd has informed BSE that the Board at its meeting held on August 10, 2016, has approved to make an additional investment in First Energy Private Limited (FE), the alternative energy solutions company in which the Company has acquired 33% stake in July 2015.
It is proposed to make an additional investment of up to Rs. 6 crore in FE. The said investment is expected to be completed during the financial year 2016-17.
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