Megatherm Induction Limited — Others, 08-04-2025: Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

Megatherm Induction Limited confirms that compliance with certain corporate governance regulations is currently non-applicable, as the company is listed on the SME Exchange and meets the criteria outlined by SEBI. This clarification, issued by the Company Secretary, indicates that the company’s paid-up equity share capital is under ₹10 Crore and net worth is below ₹25 Crore. From an investor perspective, this could signal a neutral impact, suggesting a focus on operational stability while shifting governance requirements might not affect shareholder interests immediately.