In continuation to the intimation dated August 22, 2026 pertaining to the approval of the Board of Directors (the Board) of Tega Industries for the issuance of equity shares on preferential basis and the subsequent approval of the shareholders of the Company obtained by way of special resolution passed through Postal Ballot on September 21, 2026 and the in-principle approval granted by the National Stock Exchange of India and BSE (NSE and BSE, collectively the ”Stock Exchanges”) vide their respective letters dated October 06, 2026, Tega Industries has informed that the Board of the Company has approved the allotment of 4,78,435 fully paid-up Equity Shares having face value of Rs 10 each (Equity Shares), by way of preferential issue on private placement basis, for cash consideration, to AP Jupiter Holdings II, Ltd., a Non-Promoter entity, at an issue price of Rs 1994 (including a premium of Rs 1984) per Equity Share, aggregating to Rs 95,39,99,390 (Rupees Ninety-Five Crores Thirty-Nine Lakhs Ninety-Nine Thousand Three Hundred Ninety Only) i.e. up to approximately Rs 95.40 Crores (“Preferential Issue”). The aforesaid allotment has been made in accordance with the applicable provisions of the Companies Act, 2013, the rules made thereunder, the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws, rules and regulations. Consequent to the said allotment, the paid-up equity share capital of the Company stands increased from Rs 75,12,76,980 (7,51,27,698 fully paid equity shares of Rs 10 each) to Rs 75,60,61,330 (7,56,06,133 fully paid equity shares of Rs 10 each), ranking pari-passu, in all respects with the existing equity shares of the Company.
The above information is a part of company’s filings submitted to BSE.
