The Board of Directors at Thermax has officially sanctioned the appointment of Price Waterhouse Chartered Accountants LLP to serve as the company’s Statutory Auditors. This decision will take effect following the 44th Annual General Meeting (AGM) and will extend for a period of five years, concluding at the 49th AGM.

Transition in Auditing Firms

This change comes as Price Waterhouse Chartered Accountants prepares to take over from SRBC & Co. LLP, whose term is set to end after the upcoming AGM.

About Price Waterhouse Chartered Accountants LLP

Price Waterhouse Chartered Accountants is an esteemed firm registered with the Institute of Chartered Accountants of India. The firm boasts a robust presence, with nine branch offices across the country, enabling it to provide comprehensive auditing services to its clientele.

Recommendation and Approval Process

The recommendation for this appointment stemmed from the Audit Committee of Thermax, with the final decision pending approval from the shareholders at the upcoming AGM.