Megatherm Induction Approves Auditor Reappointment, Loan Agreement, and New Joint Venture
Megatherm Induction Limited's Board of Directors approved several significant strategic matters on August 1, 2026. These decisions included the reappointment of a statutory auditor, the approval of a loan agreement with a related party entity, and the incorporation of a new joint venture company focused on industrial manufacturing.The Board meeting concluded by ratifying the appointment of M/s. M S K A & Associates LLP as Statutory Auditors for the company. The firm, previously known as M S K A & Associates, was reappointed for a second consecutive term spanning five years. This appointment is set to cover the period from the conclusion of...