Acquisitions20 Aug 2025, 06:34 pm
Thermax Ltd Completes Acquisition of Thermax Bioenergy Solutions Private Limited
AI Summary
Thermax Limited has announced the completion of its acquisition of a 23.03% stake in Thermax Bioenergy Solutions Private Limited (TBSPL). This acquisition was carried out in accordance with a Share Purchase Agreement with Everenviro Resource Management Private Limited. As a result of this acquisition, TBSPL has now become a wholly owned subsidiary of Thermax Ltd.
Key Highlights
- Thermax Ltd has completed the acquisition of a 23.03% stake in Thermax Bioenergy Solutions Private Limited (TBSPL).
- The acquisition was carried out in accordance with a Share Purchase Agreement with Everenviro Resource Management Private Limited.
- Thermax Bioenergy Solutions Private Limited (TBSPL) has now become a wholly owned subsidiary of Thermax Ltd.