Board Meeting22 Aug 2026, 11:30 am
Tega Industries Approves Preferential Issue of ₹95.4 Cr
AI Summary
Tega Industries Ltd announced that its Board of Directors has approved a preferential issue of 4,78,435 equity shares at ₹1,994 per share, aggregating up to approximately ₹95.40 Crores. The shares will be issued to AP Jupiter Holdings II, Ltd. for cash consideration. The company will seek shareholder approval for this preferential issue via postal ballot and remote e-voting. The Board meeting took place on August 22, 2026.
Key Highlights
- Board approved preferential issue of equity shares.
- Issue size is approximately ₹95.40 Crores.
- 4,78,435 equity shares to be issued at ₹1,994 per share.
- AP Jupiter Holdings II, Ltd. is the proposed allottee.
- Shareholder approval to be sought via postal ballot.
Price Impact
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