Thermax Limited Executive and Leadership Team

Ashish Bhandari, the Managing Director & Chief Executive Officer at Thermax Limited, directs the overarching strategic vision for the entire industrial portfolio. Overseeing global operations, the Managing Director & Chief Executive Officer ensures alignment between manufacturing capabilities and market demands for heating, cooling, and water management solutions. This leadership role involves driving long-term growth through the expansion of turnkey power plants and waste heat recovery systems. By optimizing organizational efficiency, Ashish Bhandari directly impacts the company's ability to deliver complex engineering projects across international territories. The Managing Director & Chief Executive Officer maintains rigorous standards for operational performance, ensuring that all business units contribute to the broader mission of sustainable industrial development. Through consistent focus on innovation and market penetration, Bhandari secures the competitive position of the organization within the global manufacturing landscape.

Rajendran Arunachalam, the Group Chief Financial Officer at Thermax Limited, manages the fiscal health and capital allocation strategies for the entire organization. Overseeing financial reporting and risk management, the Group Chief Financial Officer ensures that the company maintains a robust balance sheet while funding large-scale infrastructure projects. This leadership role involves optimizing cash flow across diverse business units, including heating, cooling, and power generation. By implementing stringent financial controls, Rajendran Arunachalam directly supports the company's ability to invest in long-term R&D and market expansion. The Group Chief Financial Officer collaborates with the board to align financial objectives with the broader corporate strategy, ensuring sustainable growth in both domestic and international markets. Through disciplined fiscal oversight and strategic investment planning, Arunachalam secures the financial stability required to execute complex turnkey projects and maintain the company's leadership in the industrial machinery sector.

Sunil Kumar, the Secretary To Chief Technology Officer at Thermax Limited, coordinates the administrative and operational workflows supporting the technical leadership team. Managing the flow of critical information, the Secretary To Chief Technology Officer facilitates communication between research departments and executive management to ensure project timelines remain on track. This role involves organizing technical reviews for large-scale boiler designs and air pollution control initiatives. By streamlining internal processes, Sunil Kumar enables the technical division to focus on core engineering challenges and product development. The Secretary To Chief Technology Officer monitors resource allocation across various R&D projects, ensuring that technical teams possess the necessary support to execute complex industrial mandates. Through meticulous oversight of departmental documentation and scheduling, Kumar enhances the overall productivity of the technology function, directly supporting the company's commitment to delivering high-performance industrial machinery.

Janardhan Bornare, the Chief Technology Officer, Spp at Thermax Limited, architects the technical roadmap for specialty products and chemical solutions. Overseeing the development of advanced materials, the Chief Technology Officer, Spp ensures that product offerings meet the evolving needs of industrial and municipal wastewater treatment sectors. This leadership role involves integrating sustainable practices into chemical manufacturing processes to reduce environmental impact. By driving innovation in specialty chemicals, Janardhan Bornare directly supports the company's goal of providing comprehensive environmental solutions. The Chief Technology Officer, Spp collaborates with cross-functional teams to refine product performance and reliability, ensuring that all chemical applications align with global safety and quality standards. Through continuous research and development, Bornare maintains the technical edge of the specialty products division, fostering growth in key markets while addressing the critical water management requirements of diverse industrial clients.

Dipesh Shah, the Chief Technology Officer, Digital at Thermax Limited, leads the transformation of industrial machinery through the integration of advanced digital technologies. Overseeing the implementation of smart monitoring systems, the Chief Technology Officer, Digital ensures that boilers and power plants utilize data-driven insights for improved efficiency. This leadership role involves developing digital platforms that enhance the performance of air pollution control projects and waste heat recovery systems. By digitizing core industrial processes, Dipesh Shah directly impacts the operational uptime and maintenance predictability for clients. The Chief Technology Officer, Digital coordinates with engineering teams to embed connectivity into traditional hardware, creating a seamless bridge between physical machinery and digital analytics. Through the deployment of scalable software solutions, Shah drives the modernization of the company's product portfolio, ensuring that digital capabilities remain at the forefront of the organization's value proposition.

Amit Sethi, the Executive Vice President & Chief Digital & Information Officer at Thermax Limited, directs the enterprise-wide digital infrastructure and information technology strategy. Overseeing the modernization of internal systems, the Executive Vice President & Chief Digital & Information Officer ensures that data security and operational connectivity support the company's global manufacturing footprint. This leadership role involves implementing advanced IT solutions that streamline project management for large-scale boilers and wastewater treatment plants. By leveraging cloud-based technologies and data analytics, Amit Sethi directly impacts the efficiency of cross-regional operations. The Executive Vice President & Chief Digital & Information Officer collaborates with other C-suite leaders to integrate digital tools into the core business model, fostering a culture of technological agility. Through the strategic deployment of information systems, Sethi enables the organization to scale its digital capabilities, ensuring that the company remains competitive in an increasingly connected industrial landscape.

Pheroz Pudumjee, the Non-Executive Director at Thermax Limited, provides independent oversight and strategic guidance to the board of directors. Overseeing corporate governance standards, the Non-Executive Director ensures that the company adheres to ethical business practices while pursuing aggressive growth targets. This leadership role involves evaluating long-term strategic initiatives, such as the expansion of waste management and power generation capabilities. By offering objective perspectives on market trends, Pheroz Pudumjee directly influences the direction of the company's industrial portfolio. The Non-Executive Director monitors the performance of executive management, ensuring that operational decisions align with the interests of stakeholders and the company's mission of environmental sustainability. Through active participation in board deliberations, Pudumjee contributes to the stability and strategic clarity of the organization, helping to navigate the complexities of the global manufacturing environment while maintaining a focus on long-term value creation.