The ministry of corporate affairs granted the certificate of incorporation to Thermax Vebro Polymers India (TVPIPL) on July 18, 2024. As a result, TVPIPL has become a wholly-owned step-down subsidiary of Thermax.
As reported by projectstoday.com, Thermax provides comprehensive solutions across various domains, including heating, cooling, power, water and waste management, air pollution control, and chemicals. The company operates manufacturing facilities in India, Europe, and Southeast Asia.