Date: October 16, 2026
Preferential Allotment Details
Tega Industries Limited completed a preferential allotment of 478,435 equity shares to AP Jupiter Holdings II, Ltd. (PAN: ABECA2981J) at a price of ₹1,994 per share, raising a total consideration of ₹95,39,99,390 (₹95.40 crore).
The allotment money was received from the allottee's bank account on October 14, 2026, and the shares were allotted on October 15, 2026. The funds were deposited in a separate bank account maintained with Standard Chartered Bank, New Alipore Branch, Kolkata as required under Section 42(6) of the Companies Act, 2013.
Regulatory Compliance Certification
Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No: 001076N/N500013), issued a compliance certificate confirming:
- The company realized allotment money of ₹95,39,99,390 from the allottee's bank account
- There was no circulation of funds or mere passing of book entries
- Relevant documents are maintained by the company as of October 16, 2026
- Compliance with Regulation 169(4) of SEBI ICDR Regulations
The certificate was issued pursuant to Regulation 169(5) of SEBI ICDR Regulations and was submitted to both BSE Limited and National Stock Exchange of India Limited.
Approval Process
The preferential issue was approved through:
- Board resolution passed on August 22, 2026
- Special resolution passed by shareholders through postal ballot effective September 21, 2026
- Scrutinizer's report dated September 22, 2026
- Declaration of results of postal ballot through remote e-voting dated September 23, 2026
- Final board resolution for allotment passed on October 15, 2026
Documentation
The company maintained all required documentation including:
- PAS-3, PAS-4, and PAS-5 forms for preferential allotment
- Permanent Account Number (PAN) of the allottee
- Bank account details and transaction records
- All relevant records as required by SEBI ICDR Regulations and Companies Act, 2013