Megatherm Induction Share Price Today

Megatherm Induction approves JV with SicTech for converter modules

Megatherm Induction Limited approved a joint venture with SicTech to manufacture induction converter modules, taking a 49% stake. The Board also sanctioned a USD 500,000 unsecured loan to Megatherm Cyprium INC and reappointed M S K A & Associates LLP as statutory auditors for five years.

Megatherm Induction to host investor meet in Mumbai on July 3

Megatherm Induction Limited will hold an investor and analyst meet in Mumbai on July 3, 2026, to discuss publicly available information. The sessions, scheduled between 9 am and 4 pm, will include group and one-on-one interactions. The company confirmed that no unpublished price sensitive information will be discussed.

Megatherm Induction to attend virtual investor meet on June 17

Megatherm Induction Limited will participate in a virtual investor meet organized by Hem Securities Ltd on June 17, 2026. The event, titled 'Samruddhi Season 3 – Nav-Bharat ka Caravan', is scheduled for 2 pm IST. The company confirmed that no unpublished price sensitive information will be discussed during the presentation.

Megatherm Induction FY26 net profit rises 11.2% to ₹236.81 crore

Megatherm Induction reported a net profit of ₹236.81 crore for FY26, an 11.2% increase from the previous year, with revenue from operations rising to ₹346.23 crore. The company's financial results include an exceptional item of ₹7.56 million related to gratuity provisions. Strategic initiatives include expanding transformer capacity, targeting ₹110 crore revenue by FY27, and incorporating a joint venture in North America. Management guidance indicates a 20-25% revenue CAGR over the next five to six years, with an order book of approximately ₹450 crore.

Megatherm Induction shareholders approve loan resolution with 99.98% votes

Megatherm Induction Limited announced that its shareholders have passed a special resolution approving the provision of loans, guarantees, or securities for subsidiaries. The resolution received 99.98% approval through remote e-voting, which concluded on May 29, 2026.

Megatherm Induction Limited: Promoters Submit Non-Encumbrance Declarations for FY26 Under SEBI Takeover Regulations

Megatherm Induction Limited submitted disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011, to the National Stock Exchange of India Ltd on April 3, 2026. The filing covers the financial year ended March 31, 2026, and includes non-encumbrance declarations from promoters — Megatherm Electronics Private Limited, Shesadri Bhusan Chanda, and Satadri Chanda. All three promoters declared that no new encumbrance, direct or indirect, was created on their shareholding during the financial year, beyond previously disclosed encumbrances. The disclosure was filed by Company Secretary & Compliance Officer Abanti Saha Basu.