DECLARATION OF RELATIONSHIP WITH

COMPANY DIRECTORS BY NEW ENTRANT

1. Details of the new entrant:

Employee Name Deepesh Kumar Sharma

Div. / Dept P &ES PES OMUT
Designation Electrical Engineer

2. We have followed Directors on our Board:

Director Name Designation

Meher Pudumjee Chairperson

Ashish Bhandari Managing Director & CEO
Pheroz Pudumjee Non-Executive Director
Harsh Mariwala Independent Director
Nawshir Mirza Independent Director
Dr. Valentin von Massow Independent Director
S. B. (Ravi) Pandit Independent Director
Dr. Jairam Varadaraj Independent Director
Rajani Kesari Independent Director

Are you related to any of our directors? Yes/ No

If yes, please give the following details:

Name of the Director (s)

Nature of relationship

Date: 04-11-2024 Employee Signature: ________________

 FORM I

Declaration of Interest in Commercial Dealings

Sr No Particulars Employees Feedback

1 Name & Designation of Employees Deepesh Kumar Sharma

Electrical Engineer
2 Division/ Group Co/ JV’s Name P&ES PES OMUT

3 Firm/ Company/ Person name, Address & Dt of establishment/

commencement of commercial activities with whom Commercial
transactions are proposed

4 Nature of relationship with entity referred in 3 above

5 Nature of app. Value of proposed dealing(s)

6 Whether one type/ repetitive transactions

7 Whether concern/ person/ party was already dealing before an

employee joined TL/ Group companies

8 Whether Manufacturer, Authorized Stockiest, Agent, Trader,

Actual User.

9 Commercial reasons for proposed relationship: Price, Quality,

Assured on time availability, Proprietary product, services,
others.
10 Was any other source explored & is duly evidenced by record
maintained/ available?

11 Whether all eligible tenderers/ vendors given a fair chance to

quote & bid?

12 Whether this PO/ WO is being placed at the optimum rates for

the quality required? If not, reasons for the same.

13 If employee has already the Commercial/ Business Dealings:

Quantum of business already transacted during last 6 months &
nature of business/ services rendered.

Employees Signature/ Date of declaration

It is in the best interest of Thermax group (in terms of quality, delivery, price) to deal with this party.

Approved/ Not approved

(For official use)

Signature of the authorized official

 FORM II
Declaration of Interest in Commercial Dealings

To,

I have read and understood the Company's Policy Circular on commercial dealings.

I hereby confirm that I, nor my relatives as defined in the Circular i.e., parents/ in-laws, brothers, sisters/ in-laws,
sons, daughters / in-laws, nephews, nieces, step / adopted children, uncles, aunts / in-laws of an-employee, his /
her spouses & others directly related are involved in any commercial, financial & or any other business dealings
with the company.

I hereby confirm that I do not have any interest directly or indirectly in any business or profession, which could
create a conflict of interest either financially or otherwise with that of Thermax Group Companies.

Signature of the employee/ date

(Details to be filled in Block letters)

Employee Name: Deepesh Kumar Sharma

Designation: Electrical Engineer

Div. / Dept: P&ES PES OMUT

Grade: FTC

Company: Thermax Ltd

Notes:
In case employee desires to declare Commercial Dealings, please fill up Form I of this circular.
 ENCLOSURE 1
[Regulation IV (a)-(i) & (v) of the Code]
Declaration of details of Insider
trading

I have read and understood the policy on Company’s Code of Conduct which enumerates the aspects of insider
trading.

A] Below are the details of the “Insider”

Full Name of Insider

Deepesh Kumar Sharma
Permanent Account No. (PAN) MPNPS1435P
Employee Code T17841
Grade FTC

Designation Electrical Engineer

Division/Department P&ES PES OMUT

Address for communication Baman Kheri, Po Khodip, Chittorgarh, Rajasthan- 312614

Contact No. 7014744798

Email ID [email protected]
Name of Depository Participant (DP)
Depository Participant ID (DP ID)
Folio No. / Client ID

B] Details of Dependent Family Members

Full Name of Dependent Family member(s) NIL

Name of Depository Participant (DP)
Depository Participant ID (DP ID)
Folio No. / Client ID

Above details are true and correct

Place: Kota

Date: 04-11-2024 Name & Signature of Insider

 Declaration of Code of Conduct

To
Thermax Ltd
Thermax House, 14 Mumbai
Pune Road, Wakdewadi,
Pune: 411 003, India

I Mr. Deepesh Kumar Sharma Employee No. T17841 employed in Thermax Ltd P &ES PES OMUT division
hereby declare that I have read and fully understood the code of conduct and the provisions as laid down by the
management in it.

I undertake to adhere and comply with all the provisions in the code of conduct during the course of my
employment in the company.

I understand that it is my responsibility to keep myself updated to any changes / modifications / amendments
made to the code of conduct.

I will report any potential violation of which I become aware of promptly to my supervisor, SBU Head, Company
Secretary and/or HR Department the case may be.

I understand that I shall be liable for disciplinary action if I act in contravention to the code of conduct or any
of the provisions of it.

Employee Name Deepesh Kumar Sharma

Employee No T17841
 Declaration for undertaking confidential information

To,
The Director,
Thermax Ltd Pune

Dear Sir,

SUBJECT: UNDERTAKING CONFIDENTIAL INFORMATION

I note that as per Company Policy, following are to be ensured while I am in the employment of the Company
and after cessation of my employment with the Company.

1. I shall not divulge or utilize any confidential information belonging to the Company or any of its associate
companies (including confidential information as to the formulae, processes and manufacturing methods and
confidential information as to the business and affairs of the Company) which may have come to my knowledge
during my employment with the Company, or any of its associate companies, and that I shall, after my
employment, take all reasonable precautions to keep all such information secret.

2. I shall not, without the consent of the Company, retain or make originals or copies of telegrams, letters, maps,
reports, drawings, calculations, specifications, formulae, forms, licenses, agreements or other documents of
whatever nature belonging to the Company or any of its associate companies or notes thereof, nor retain samples
of specimens in which the Company or any of its associate companies may be or may have been interested in and
which have come into my possession by reason of my employment. If, on cessation of my employment, I am in
possession of any originals or copies of telegrams, letters, maps, reports, drawings, calculations, specifications,
formulae, forms, licenses, agreements or other documents of whatever nature belonging to the Company or any of
its associate companies or notes, thereof, or any samples of specimens as aforesaid, I shall deliver the same to the
Company without being asked.

3. All Authorizations/Power of Attorney, whether joint or several, issued by the Company in my favor shall stand
revoked effective from the date of my leaving. I shall therefore, immediately arrange to return all such
documents/authorizations, both originals and copies to my immediate manager.

Employee Name Deepesh Kumar Sharma

Employee No T17841
 SELF DECLARATION ON COMPLETENESS AND
CORRECTNESS OF INFORMATION

I Mr. Deepesh Kumar Sharma certify that all information provided by me in the joining form is
correct. I will provide required documentary evidence in original to support all the information
provided by me in the form at the time of joining and I would be liable for the correctness of
information and consequences resulting from incorrect Information.

Employee Name Deepesh Kumar Sharma

Declaration Place Kota

Declaration Date 04-11-2024