Thermax Limited Executive and Leadership Team

Ashish Bhandari, the Managing Director & Chief Executive Officer at Thermax Limited, directs the company's overall strategic vision and operational execution. Bhandari guides the enterprise's expansion across its diverse business portfolio, encompassing products for heating, cooling, water and waste management, and specialty chemicals. This leadership involves overseeing the design, construction, and commissioning of large-scale projects, including boilers for steam and power generation, turnkey power plants, industrial and municipal wastewater treatment facilities, waste heat recovery systems, and air pollution control initiatives. The Chief Executive Officer ensures alignment with market demands and drives sustainable growth through innovation and operational excellence. Bhandari's role is critical in navigating the complexities of the global industrial machinery and manufacturing sectors, solidifying Thermax Limited's position as a leader in providing integrated solutions. The Chief Executive Officer's mandate includes fostering strong stakeholder relationships and ensuring the company's long-term financial health and market competitiveness.

Rajendran Arunachalam, the Group Chief Financial Officer at Thermax Limited, directs the company's financial strategy and management across its global operations. Arunachalam oversees all financial planning, budgeting, and reporting activities, ensuring fiscal discipline and robust financial health for Thermax Limited. This leadership role involves managing capital allocation, optimizing financial performance, and mitigating financial risks associated with the company's diverse business segments, including heating, cooling, water and waste management, and specialty chemicals. The Group Chief Financial Officer plays a critical part in funding large-scale projects, such as boilers, power plants, and wastewater treatment facilities, ensuring their economic viability. Rajendran Arunachalam's strategic financial guidance is essential for supporting Thermax Limited's growth initiatives, driving profitability, and enhancing shareholder value. The Group Chief Financial Officer's oversight extends to compliance with financial regulations and maintaining strong relationships with financial institutions and investors.

Sunil Kumar, the Secretary To Chief Technology Officer at Thermax Limited, provides essential administrative and operational support to the Chief Technology Officer. This role facilitates the smooth functioning of the technology division, ensuring efficient communication and coordination across various technology-focused initiatives. Kumar's responsibilities include managing schedules, coordinating meetings, and handling documentation critical to the technology department's operations. The support provided by Sunil Kumar enables the Chief Technology Officer to focus on strategic technological advancements and innovation within Thermax Limited's product and service offerings. This includes supporting efforts in heating, cooling, water and waste management, and specialty chemicals. The effective execution of these support functions by Sunil Kumar contributes to the overall efficiency and productivity of the technology leadership team, underpinning the company's commitment to delivering advanced solutions.

Dipesh Shah, the Chief Technology Officer, Digital at Thermax Limited, spearheads the company's digital transformation initiatives and technological innovation. Shah directs the development and implementation of digital strategies that enhance Thermax Limited's product portfolio, including solutions for heating, cooling, water and waste management, and specialty chemicals. This leadership involves leveraging cutting-edge digital technologies to optimize operational efficiency, improve customer engagement, and drive new business models. The Chief Technology Officer, Digital oversees the integration of digital platforms and data analytics to support the design, build, and commissioning of complex projects such as boilers, power plants, and wastewater treatment systems. Dipesh Shah's focus is on ensuring Thermax Limited remains at the forefront of technological advancement in the industrial machinery and manufacturing sectors, driving competitive advantage through digital capabilities. The Chief Technology Officer, Digital's efforts are crucial for future-proofing the company's offerings and expanding its market reach.

Janardhan Bornare, the Chief Technology Officer, Spp at Thermax Limited, drives technological advancements within the company's Strategic Product Planning (SPP) division. Bornare leads the innovation pipeline for Thermax Limited's core offerings, including products for heating, cooling, water and waste management, and specialty chemicals. This involves overseeing research and development efforts to enhance existing technologies and conceptualize new solutions that address evolving market needs and environmental regulations. The Chief Technology Officer, Spp plays a pivotal role in ensuring that Thermax Limited's product roadmap aligns with its strategic objectives, focusing on sustainability and efficiency. Janardhan Bornare's expertise guides the technical direction for large-scale projects, such as boilers, power plants, and waste heat recovery systems. The Chief Technology Officer, Spp's contributions are vital for maintaining Thermax Limited's competitive edge and reinforcing its commitment to delivering high-performance, eco-friendly industrial solutions.

Amit Sethi, the Executive Vice President & Chief Digital & Information Officer at Thermax Limited, leads the integration of digital technologies and information systems across the organization. Sethi drives the digital strategy, overseeing the development and implementation of IT infrastructure and digital solutions that support Thermax Limited's business objectives in heating, cooling, water and waste management, and specialty chemicals. This leadership involves enhancing operational efficiency, cybersecurity, and data management to support the company's complex projects, including boilers, power plants, and wastewater treatment systems. The Chief Digital & Information Officer ensures that technology investments align with Thermax Limited's innovation goals and market demands. Amit Sethi's role is crucial in leveraging digital capabilities to improve customer experiences, streamline internal processes, and foster a data-driven culture. The Chief Digital & Information Officer's strategic vision is key to maintaining Thermax Limited's technological competitiveness and driving digital transformation throughout the enterprise.

Pheroz Pudumjee, the Non-Executive Director at Thermax Limited, provides strategic oversight and governance to the company's board of directors. Pudumjee contributes independent judgment and expertise, guiding the executive leadership team on critical business decisions and long-term strategy. This role involves reviewing corporate policies, assessing management performance, and ensuring adherence to ethical standards and regulatory requirements. The Non-Executive Director's involvement supports Thermax Limited's commitment to sustainable practices and its mission in heating, cooling, water and waste management, and specialty chemicals. Pheroz Pudumjee's perspective aids in shaping the company's direction, particularly concerning major projects like boilers, power plants, and environmental solutions. The Non-Executive Director's counsel is instrumental in maintaining robust corporate governance and fostering stakeholder confidence in Thermax Limited's operations and future prospects.