Postal Ballot Notice-Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015.

• Security Code: 500411
• Company: THERMAX

Attached herein a copy of the Postal Ballot Notice dated February 08, 2019 along with Explanatory Statement and Postal Ballot Form was sent to the Members on Friday, February 22, 2019 for seeking approval by Special Resolution of the Members for the transfer of Boiler & Heater ('B&H') Business of the Company by way of a Slump Sale as 'Going Concern' to Thermax Babcock & Wilcox Energy Solutions Private Limited ('TBWES'), a Wholly Owned Subsidiary of the Company.

The voting through Postal Ballot and e-voting will commence on Monday, February 25, 2019 at 9:00 a.m. (IST) and will end on Wednesday, March 27, 2019 at 5.00 p.m. (IST).

The said Postal Ballot Notice and Postal Ballot Form are also available on the website of the Company i.e. www.thermaxglobal.com.

This is for your kind information and record.