Thermax Limited Mourns Loss of Non-Executive Independent Director Dr. S.B. Pandit
Thermax Limited announced the demise of Dr. S.B. (Ravi) Pandit, who served as a Non-Executive Independent Director of the Company. Dr. Pandit passed away on Friday, May 8, 2026.Dr. Pandit had been an Independent Director on the Board of Thermax Limited since 2017. The Company recognized his significant contribution, stating that it immensely benefitted from his wisdom, experience, and leadership during his tenure with the organization.
Mrs. Meher Pudumjee, Chairperson of the Company, expressed her profound grief over the passing. In a statement, she noted, "It is a profound loss for India, for our Board, and for all those who had the privilege of working with him. He was a wonderful human being whose vision and commitment to sustainability left a lasting impact on society. He will be deeply missed."
The Directors and employees of Thermax Limited conveyed their deepest sorrow and heartfelt condolences to Dr. Pandit's family.
THERMAX Stock Price Movement
Shares of Thermax Limited are surging to ₹4626.3, gaining 10.62% as of 11:10 AM today. The equity is seeing strong momentum, trading near its 52-week high of ₹4660 on a total volume of 1.36 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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