Date: June 25, 2026
Subsidiary Incorporation Details
Thermax Engineering Singapore Pte. Ltd. (TESPL), a wholly owned subsidiary of Thermax Limited, incorporated a new company named Thermax Integrated Middle East L.L.C in Dubai. The Certificate of Incorporation was issued by the Department of Economic Development, Dubai on June 25, 2026, with registration number 1632588. The communication was received by Thermax Limited on June 25, 2026 at 06:35 PM IST.
Ownership Structure
Thermax Integrated Middle East L.L.C has become a wholly owned subsidiary of TESPL and consequently a wholly owned step-down subsidiary of Thermax Limited. The ownership percentage is 100%.
Business Activities
The main activity of the new entity is to provide on-site project management services, installation including erection & maintenance, supervision related services, turnkey project contracting, and marketing support to the ultimate parent entity (Thermax Limited).
Financial Details
The consideration for incorporation is cash. A capital of AED 367,000 will be infused in due course of time. No governmental or regulatory approvals were required for the incorporation beyond the standard registration process.
Not Specified Sections
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication, Other Operational / Legal / Strategic Disclosures.