Megatherm Induction Limited — Others, 20-12-2024: Appointment

Mr. Shravan Manjaya Shetty has been appointed as an Additional Non-executive Independent Director of Megatherm Induction Limited for a term of five years. His appointment, effective immediately, awaits shareholder approval at the upcoming General Meeting. With an MBA in Finance & Operations and extensive experience of over 20 years, Shetty brings significant expertise in strategic revenue enhancement, cost reduction, and digital transformation across various sectors, particularly in BFSI. This appointment is likely to bolster the company's governance and strategic direction, offering a positive outlook for future growth and operational effectiveness.