General Updates

June 25, 2026 To National Stock Exchange of India Limited The Secretary Exchange Plaza, C-1, Block G, BSE Limited Bandra Kurla Complex, PJ Towers, Dalal Street Bandra (E) Mumbai: 400 001 Mumbai – 400 051 Company Scrip Code: 500411 Company Scrip Code: THERMAX EQ Sub: Intimation under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 – Incorporation of wholly owned step-down subsidiary Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that Thermax Engineering Singapore Pte. Ltd. (TESPL), a wholly owned subsidiary of the Company has incorporated a Company with the name Thermax Integrated Middle East L.L.C and the Certificate of Incorporation for Thermax Integrated Middle East LLC has been issued by the Dep. of Economic Development, Dubai on June 25, 2026. The communication was received by the Company on June 25, 2026 at 06.35 p.m. IST. Accordingly, Thermax Integrated Middle East L.L.C has become a wholly owned subsidiary of TESPL and a wholly owned step-down subsidiary of the Company. The requisite details as required by SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the same are enclosed herewith as Annexure “A”. This is for your information and records. You are requested to kindly take note of the same. Thanking you, Yours faithfully, For THERMAX LIMITED, Sangeet Hunjan Company Secretary & Compliance Officer Membership No: A23218 Encl: as above Annexure A Sr. Disclosure Requirements Brief Particulars 1 Name of the entity, date & country of Name: Thermax Integrated Middle East L.L.C, Dubai. incorporation, etc.; Incorporated on June 25, 2026. Registration Number: 1632588 2. Name of holding company of the Thermax Engineering Singapore Pte. Ltd. (TESPL), a wholly incorporated company and relation owned subsidiary of the Company has incorporated a Company with the listed entity; with the name Thermax Integrated Middle East L.L.C. 3. Industry to which the entity being The main activity of the entity is to attain on-site project incorporated belongs management services, installation including erection & 4. Brief background about the entity maintenance, supervision related services, turnkey project incorporated in terms of products / line contracting & marketing support to ultimate parent entity. of business; 5. Brief details of any governmental or NA regulatory approvals required for the incorporation; 6. Nature of consideration - whether cash Cash consideration or share swap and details of the same 7. Cost of subscription / price at which the Capital of AED 367,000 will be infused in due course of time. shares are subscribed 8. Percentage of shareholding / control by 100% the listed entity and / or number of shares allotted.