Thermax Limited announced the outcome of its Board Meeting held on May 7, 2026. The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with an unmodified Auditors' Report. The company recommended a final dividend of ₹14 per share and declared a special dividend of ₹6 per share, totaling ₹20 per equity share (1000%) for FY2025-26. This dividend is subject to shareholder approval at the upcoming 45th Annual General Meeting (AGM). The record date for dividend payment has been set as Friday, July 3, 2026. In terms of appointments, the Board approved the re-appointment of Dr. Ravi Shankar Gopinath as Non-Executive Independent Director for a second consecutive term of five years, from November 10, 2026, to November 9, 2031, subject to shareholder approval at the 45th AGM. Additionally, Ms. Kavita Singh has been appointed as the Chief Human Resources Officer and Senior Management Personnel, effective May 25, 2026. The Board Meeting commenced at 11:50 a.m. and concluded at 4:55 p.m.
