On 20 December 2022
The Board of Thermax Cooling Solutions (demerged company) (TCSL) , a wholly owned subsidiary of Thermax and Thermax Instrumentation (resulting company) (TIL) has approved the scheme of amalgamation between TCSL and TIL on 20 December 2022.The scheme will be subject to the approval of the shareholders and creditors of these Companies as well as the approval of the Hon'ble National Company Law Tribunal.
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