Megatherm Induction Limited (MEGATHERM)
Megatherm Induction Limited announced a postal ballot to seek shareholder approval for a special resolution. The resolution proposes enabling the company to provide loans, guarantees, or security up to ₹10 crores to its subsidiaries or associates. This facility is crucial for meeting capital expenditure and working capital requirements, adhering to Section 185 of the Companies Act, 2013.
Apr 28 2026 15:04:00
Megatherm Induction Limited (MEGATHERM)
Megatherm Induction has commenced the construction of its fourth production facility. This expansion aims to significantly scale the company's transformer manufacturing capacity to meet growing market demand.
Apr 21 2026 11:04:00
Megatherm Induction Limited (MEGATHERM)
Megatherm Induction certified that corporate governance provisions of SEBI (LODR) Regulations, 2015 are not applicable. This is due to its listing on the SME Exchange and meeting exemption criteria of paid-up capital ≤ ₹10 crore and net worth ≤ ₹25 crore.
Apr 14 2026 17:04:00
Megatherm Induction Limited (MEGATHERM)
Megatherm Induction board reappointed its Internal, Secretarial, and Cost Auditors for the financial years 2025-26 and 2026-27. This ensures continuity in the company's financial oversight and compliance functions.
Apr 10 2026 18:04:00
Megatherm Induction Limited (MEGATHERM)
Megatherm Induction Limited's promoter, Megatherm Electronics Pvt. Ltd., purchased 3,600 shares between March 19-27, 2026. This transaction increases the promoter's stake in the company.
Apr 02 2026 18:04:00
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