Tega (TEGA) — Board Meeting

📢 Key Event
Board approved ₹95.40 crore preferential issue to AP Jupiter Holdings II Ltd.

🔄 What Changed
Approved issuance of 478,435 shares at ₹1,994 each raising up to ₹95.40 crores.

🔮 What's Next
Shareholder approval required via postal ballot before finalization.

Tega Industries approved a preferential issue of 478,435 equity shares to AP Jupiter Holdings II Ltd at ₹1,994 per share, raising up to ₹95.40 crores. The board seeks shareholder approval via postal ballot for this capital raise, which will dilute existing ownership but fund strategic growth initiatives.

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About Tega Industries Limited (TEGA)

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

Market Cap: ₹11,792.79 Cr P/E: 414.2 ROE: -0.1% ROCE: 10.5% Div Yield: 0.13%

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🔥 Also filed on 22 August 2026

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

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