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xbrli:pure

500411

THERMAX

NOTLISTED

INE152A01029

THERMAX LIMITED

2025-04-01

2026-03-31

Quarterly

2025-06-30

Equity

true

false

There are no such transactions during the quarter

true

Top 500 listed entities

true

t00088

Original

true

false

Mrs

MEHER PUDUMJEE

******

00019581

Non-Executive - Non Independent Director

Chairperson related to Promoter

1966-10-11

false

Active

2001-01-15

PHEROZ N PUDUMJEE

******

00019602

Non-Executive - Non Independent Director

Not Applicable

1962-02-23

false

Active

2001-01-15

2023-08-01

HARSH CHARANDAS MARIWALA

******

00210342

Non-Executive - Independent Director

Not Applicable

1951-05-14

false

Active

Yes

2021-08-06

2016-11-10

2021-11-10

103.21

S.B. PANDIT

******

00075861

Non-Executive - Independent Director

Not Applicable

1950-03-29

false

Active

Yes

2022-08-02

2017-05-30

2022-05-30

97.02

Mrs

RAJANI KESARI

******

02384170

Non-Executive - Independent Director

Not Applicable

1971-07-02

false

Active

2018-11-14

2023-11-14

79.17

RAVI SHANKAR GOPINATH

******

00803847

Non-Executive - Independent Director

Not Applicable

1965-12-25

false

Active

2021-11-10

43.21

SHYAMAK RAMYAR TATA

******

07297729

Non-Executive - Independent Director

Not Applicable

1963-07-11

false

Active

2023-10-17

20.15

PARAG C SHAH

******

00374944

Non-Executive - Independent Director

Not Applicable

1975-11-29

false

Active

2024-12-12

6.2

ASHISH BHANDARI

******

05291138

Executive Director

Not Applicable

CEO-MD

1971-05-06

false

Active

2020-09-01

2024-08-01

true

Audit Committee

07297729

SHYAMAK RAMYAR TATA

Non-Executive - Independent Director

Chairperson

2023-10-17

Audit Committee

02384170

RAJANI KESARI

Non-Executive - Independent Director

Member

2018-11-14

Audit Committee

00019602

PHEROZ N PUDUMJEE

Non-Executive - Non Independent Director

Member

2004-11-09

Audit Committee

00374944

PARAG C SHAH

Non-Executive - Independent Director

Member

2025-02-04

Nomination and remuneration committee

00210342

HARSH CHARANDAS MARIWALA

Non-Executive - Independent Director

Chairperson

2016-11-10

Nomination and remuneration committee

00019581

MEHER PUDUMJEE

Non-Executive - Non Independent Director

Member

2015-03-06

Nomination and remuneration committee

00075861

S.B. PANDIT

Non-Executive - Independent Director

Member

2022-08-02

Nomination and remuneration committee

00803847

RAVI SHANKAR GOPINATH

Non-Executive - Independent Director

Member

2024-07-22

Stakeholders Relationship Committee

00019602

PHEROZ N PUDUMJEE

Non-Executive - Non Independent Director

Chairperson

2001-05-02

Stakeholders Relationship Committee

00019581

MEHER PUDUMJEE

Non-Executive - Non Independent Director

Member

2001-03-02

Stakeholders Relationship Committee

00075861

S.B. PANDIT

Non-Executive - Independent Director

Member

2018-11-14

Stakeholders Relationship Committee

05291138

ASHISH BHANDARI

Executive Director

Member

2020-06-18

Risk Management Committee

00075861

S.B. PANDIT

Non-Executive - Independent Director

Chairperson

2024-07-22

Risk Management Committee

00019602

PHEROZ N PUDUMJEE

Non-Executive - Non Independent Director

Member

2019-08-08

Risk Management Committee

07297729

SHYAMAK RAMYAR TATA

Non-Executive - Independent Director

Member

2023-10-17

Risk Management Committee

00803847

RAVI SHANKAR GOPINATH

Non-Executive - Independent Director

Member

2024-07-22

Corporate Social Responsibility Committee

00019581

MEHER PUDUMJEE

Non-Executive - Non Independent Director

Chairperson

2014-05-27

Corporate Social Responsibility Committee

00075861

S.B. PANDIT

Non-Executive - Independent Director

Member

2018-11-14

Corporate Social Responsibility Committee

07297729

SHYAMAK RAMYAR TATA

Non-Executive - Independent Director

Member

2024-07-22

2025-02-04

true

2025-02-05

true

2025-03-20

true

2025-05-09

true

2025-06-27

true

Audit Committee

2025-02-03

true

Audit Committee

2025-03-20

true

Audit Committee

2025-04-11

true

Audit Committee

2025-05-08

true

Nomination and remuneration committee

2025-02-06

true

Nomination and remuneration committee

2025-05-08

true

Stakeholders Relationship Committee

2025-01-27

true

Stakeholders Relationship Committee

2025-04-30

true

Yes

true

Sangeet Hunjan

Company Secretary and Compliance Officer

false

SANGEET HUNJAN

Company Secretary and Compliance Officer

PUNE

2025-07-16

Commerical Tax Officer, Tamilnadu

Scrutiny of GST Return

2025-06-19

Difference in Input Tax Credit available in auto-generated statement containing the details of Input Tax Credit and that availed in GST Return.

Rs. 28,615

Commissioner of Customs (NS-II), JNCH, Nhava Sheva

2024-09-27

Order passed by the Authority for recovery of Customs Duty of Rs. 6.81 Cr., Rs. 2 Cr u/s 125, Rs. 1.20 Cr. u/s 112(a) of Customs Act, 1962. Company has filed the application before CESTAT Mumbai against the demand raised by the Authority

Date for hearing is yet to be fixed.

Income Tax (Government of India)

2023-08-15

Matter related to Legal & Professional Expenses - treated as Capital Expenditure, Liquidated Damages, and Provision for Medical Expenditure & LTA for AY 2005-06 to AY 2009-10. Income Tax Department has filed appeal in High Court

For AY 2006-07 and 2007-08 Hon'ble High Court of Bombay has dismissed Income Tax Departments Appeals vide Order Dated 28.04.2025. In case of other years i.e., AY 2005-06, 2008-09 and 2009-20 there is no development in Q-1 of FY 2025-26.

Sales Tax, Maharashtra

2023-08-15

The matter for 2017-18 was before first appeal which had got decided in January 2024 and we have received the refund. For other years, matters are pending before VAT Tribunal . We have given our declarations for the same in December 2024 which is under verification. Matter pending before 1st Appeal & Second Appeal (Tribunal) for ITC disallowance for J1-J2 mismatch for AY 2007-08 to 2017-18 (except AY 2008-09).

There is no further update

Sales Tax, Maharashtra

2023-08-15

Assessment of CST dues for AY 2000-01 & AY 2001-02 pending before High Court, Maharashtra.

Matters yet to come for hearing before High Court.

Joint Commissioner, CGST, Pune

2024-12-20

Authority has raised the demand on issuance of Corporate Guarantees /Letter of support issued to Banks on behalf of subsidiary companies for the period FY 2017-18 to 2022-23. Appeal filed before Appeallate Authority, CGST Pune.

There is no further update

Commissioner of CGST & CE, Pune – I

2023-12-24

In the matter of M/s. Thermax Limited Vs. Commissioner of CGST & CE, Pune – I, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai Bench, wherein the CESTAT had allowed the appeal of the Company by setting aside the demands made for Excise Duty under Section 4 of Central Excise Act, 1944 on bought out items supplied to customer along with goods manufactured i.e. Boilers, by the Company. Commissioner of CGST & CE, Pune – I has filed an appeal before the Hon’ble Supreme Court of India.

There is no further update