Megatherm Induction Ltd. Company History and Annual Growth Details

The Company was originally incorporated as a Private Limited Company under the name of “Megatherm Transmission & Distribution Private Limited” on October 22, 2010 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Kolkata, West Bengal. Further, pursuant to the special resolution passed by the shareholders in the Extra Ordinary General Meeting held on September 16, 2015 the name of the Company was changed from “Megatherm Transmission & Distribution Private Limited” to “Megatherm Induction Private Limited” and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Kolkata, West Bengal dated September 23, 2015. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on November 15, 2022, our Company was converted into a Public Limited Company and consequently the name of the Company was changed from “Megatherm Induction Private Limited” to “Megatherm Induction Limited” vide a fresh certificate of incorporation dated December 20, 2022, issued by the Registrar of Companies, Kolkata, West Bengal bearing CIN U31900WB2010PLC154236.

Major events and milestones:

2010

-Incorporation of the Company in the name of “Megatherm Transmission & Distribution Private Limited”

2015

-Change in the name of our Company from Megatherm Transmission & Distribution Private Limited To Megatherm Induction Private Limited

2016

-Started operations at the Kharagpur facility

2022

-Started the business of transformer manufacturing

-Conversion of the Company from Private Limited to Public Limited Company