MEGATHERM2026-08-012026-08-01MEGATHERM2026-08-01MEGATHERM2026-08-012026-08-01

PartiesOfTheAgreementDomain1

MEGATHERM2026-08-01

PartiesOfTheAgreementDomain1

xbrli:purexbrli:shares

MEGATHERM

MEGATHERM INDUCTION LIMITED

New

Joint venture agreements

Execution of agreement

Listed Entity,Third Party

true

2026-08-01

14:00:00

true

2026-08-01

Industrial and manufacturing partner in the JVA for Induction Converter Modules” based on the proprietary SicTech Technology

2026-08-01

true

The proposed JV will establish as a high-quality manufacturing, assembly, testing and supply platform for induction converter modules, transformers and related systems and maximise long-term value creation for the Parties through profitable growth, technology leadership and disciplined capital deployment.

Smart Induction Converter Technologies S.L. (SicTech)

Counterparties to the agreement

false

2026-08-01

Creating a long-term, sustainable industrial joint venture in India combining Sictech’s proprietary technology with Megatherm’s manufacturing and operational capabilities.

Sictech will be the technology owner which is based on Discrete Power Semiconductors (SicMosfet), the licensor of related Intellectual Property and shareholder in the JV Company and Megatherm is the industrial and manufacturing partner in the JVA for Induction Converter Modules” based on the proprietary SicTech Technology, the operational manager of the JV Company (subject to Board supervision) and shareholder of in the JV Company

false