Key Event: Preferential Allotment Approval

The Board of Directors of Tega Industries Limited approved the allotment of equity shares on a preferential basis. This follows:

  • Initial Board approval dated August 22, 2026
  • Shareholder approval via special resolution passed through Postal Ballot on September 21, 2026
  • In-principle approval from NSE and BSE received on October 06, 2026

Allotment Details

The Board approved the allotment of 4,78,435 fully paid-up Equity Shares of face value ₹10 each to AP Jupiter Holdings II, Ltd., a Non-Promoter entity.

  • Issue Price: ₹1,994 per share (including a premium of ₹1,984)
  • Total Proceeds: ₹95,39,99,390 (Rupees Ninety-Five Crores Thirty-Nine Lakhs Ninety-Nine Thousand Three Hundred Ninety Only), approximately ₹95.40 Crores
  • Type of Issue: Preferential issue on private placement basis for cash consideration

Capital Structure Impact

Consequent to this allotment:

  • Pre-allotment paid-up equity capital: ₹75,12,76,980 (7,51,27,698 equity shares of ₹10 each)
  • Post-allotment paid-up equity capital: ₹75,60,61,330 (7,56,06,133 equity shares of ₹10 each)

The newly allotted shares will rank pari-passu in all respects with existing equity shares.

Allottee Shareholding Change

AP Jupiter Holdings II, Ltd.

  • Pre-allotment holding: 0 shares (0% holding)
  • Post-allotment holding: 4,78,435 shares (0.63% holding)

Next Steps

The Company will make applications to the stock exchanges (NSE and BSE) for listing and trading approval for the newly allotted Equity Shares in due course.

Meeting Details

The Board meeting was held on October 15, 2026, commencing at 10:30 Hrs and concluding at 10:45 Hrs.

Disclosure & Availability

This disclosure is being made to the stock exchanges and will also be hosted on the Company's website (www.tegaindustries.com).