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Thermax Subsidiary Acquires Green Projects from Onix Renewable

Thermax acquired 10,000 equity shares for a value of ₹100,000

September 11, 2024

/ Arjun Joshi
/ Finance and M&A, Other,
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Energy and environment solutions company Thermax has acquired 100% equity share capital of Onix-Two Enersol (OTEPL) through its wholly owned subsidiary, First Energy. The acquisition is valued at ₹100,000 (~$1,190), with Thermax acquiring 10,000 equity shares.

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Arjun Joshi

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AcquisitionOnix-Two EnersolSolarThermax
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