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Megatherm Induction Intimated a board meeting scheduled for 12-Nov-2026 to approve unaudited half-yearly results. This is a prior intimation; no results or decisions are announced.
Megatherm Induction incorporated Sictech India Private Limited, a joint venture with Smart Induction Converter Technologies, holding 49%. The JV will manufacture and commercialise advanced Induction Converter Modules.
CRISIL Ratings has upgraded Megatherm Induction Limited's long-term rating to 'CRISIL BBB+/Stable' and short-term rating to 'CRISIL A2'. The upgrade applies to bank facilities totaling Rs. 105 Crore.
Megatherm Induction Limited held its 16th Annual General Meeting on August 29, 2026. The proceedings covered routine business, including adopting financial statements and appointing auditors.