5004112026-04-095004112026-04-092026-04-09iso4217:INRxbrli:pureTHERMAX LIMITEDTHERMAXUpdate2026-04-092026-02-272026-04-092026-04-09This is in continuation to our earlier intimation dated February 27, 2026, with respect to entering into a Share Subscription and Share Purchase Agreement and a Shareholders’ Agreement (collectively, the “Definitive Agreements”) with Exactspace Technologies Private Limited (“Exactspace”) and its Promoters and existing investors for acquisition of 35.83% (on a fully diluted basis) stake in Exactspace. In this regard, we wish to inform you that the Company has completed the said acquisition and the Company’s shareholding has increased to 51% (on a fully diluted basis), resulting in Exactspace becoming a Subsidiary of the Company.Transaction CompletedThis is in continuation to our earlier intimation dated February 27, 2026, with respect to entering into a Share Subscription and Share Purchase Agreement and a Shareholders’ Agreement (collectively, the “Definitive Agreements”) with Exactspace Technologies Private Limited (“Exactspace”) and its Promoters and existing investors for acquisition of 35.83% (on a fully diluted basis) stake in Exactspace. In this regard, we wish to inform you that the Company has completed the said acquisition and the Company’s shareholding has increased to 51% (on a fully diluted basis), resulting in Exactspace becoming a Subsidiary of the Company.02026-04-091Pursuant to completion of transaction, Exactspace has become a subsidiary of the Company