Megatherm Induction Limited
Incorporated in 2010, Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment.
What Megatherm files
- Others41
- Investor Meet34
- Important23
- Board Meeting9
- PPTs4
- Insider Trade3
Megatherm Induction to hold its 16th Annual General Meeting (AGM) via VC/OAVM. The FY25-26 Annual Report web-link has been dispatched to shareholders without registered emails, ensuring access.
Megatherm Induction commenced construction of its Fourth Production Facility to scale transformer manufacturing capacity. This expansion responds to growing demand, market feedback, and a robust order pipeline.
Megatherm Induction's promoter entity has purchased an additional 3600 shares, increasing its stake in the company. Such insider buying often signals management's strong confidence in the company's future outlook and value.
Megatherm Induction replaced its prior JV with Cyprium Induction, forming Megatherm Cyprium INC for better compliance. Megatherm holds 49.99% in the new JV, continuing to sell its products in North America. This aims to facilitate exports and improve profit margins. Cyprium's turnover last year was 2.5 million USD.
Megatherm Induction bagged 5 new domestic transformer orders totaling INR 37.88 Crore. This significant business development involves supply, erection, and commissioning of capital goods.