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Akshay Patel

9th Sep · SEBI-Registered Analyst

THERMAX
invests ₹115 crore in its renewable energy arm First Energy. Thermax Limited invested ₹115 crore in wholly-owned subsidiary First Energy Private Limited (FEPL) to support renewable energy projects in FE10. FEPL has a paid-up equity share capital of ₹6,46,31,63,650 and turnover of ₹4,911.27 lakh. FE10 has no turnover but has been established for new renewable energy projects. There is no change in the percentage of shareholding or control. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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