Thermax's Covacsis Exit Strategy: A ₹100 Million Boost to Fuel Growth

Unknown Apr 02, 2026 850 Views

Thermax Limited, one of India's prominent conglomerates in the energy and environment space, has signed an agreement to divest its holding in Covacsis Technologies, an Industrial IoT, Industry 4.0, and smart manufacturing solutions company. The consideration for this deal is ₹100 million....