Tega (TEGA) — Related Party Transaction

📢 Key Event
Shareholders to vote on approval of Mehul Mohanka's office of profit role in Tega MC JV Holdings Pte. Ltd. for 5 years

🔄 What Changed
Approval of Mehul Mohanka's office of profit role in Tega MC JV Holdings Pte. Ltd. for 5 years

🔮 What's Next
None

💡 Investor Takeaway
Shareholders must vote on Mehul Mohanka's office of profit role approval in Tega MC JV Holdings Pte. Ltd.

The filing is a shareholder notice for a postal ballot voting process related to an ordinary resolution to approve the holding of an office or place of profit by Managing Director & Group CEO Mehul Mohanka in a step-down subsidiary (Tega MC JV Holdings Pte. Ltd.) for 5 years starting June 1, 2026. The notice details voting procedures, including remote e-voting via MUFG Intime, instructions for different shareholder categories (demat holders with NSDL/CDSL, physical shareholders), cut-off dates (August 14, 2026 for voting rights, September 18, 2026 for voting end), and result announcement (by September 22, 2026). It includes compliance with SEBI, MCA, and Companies Act provisions, appoints a scrutinizer, and outlines how voting results will be communicated.

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About Tega Industries Limited (TEGA)

Capital Goods · Capital Goods-Non Electrical Equipment · Listed on NSE

Market Cap: ₹11,926.15 Cr P/E: 418.9 ROE: -0.1% ROCE: 10.5% Div Yield: 0.13%

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📊 More TEGA filings

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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