StockWatch
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Industrial Products
Clarification8 Sept 2026, 11:48 am

Tega Industries Clarifies Ultimate Beneficial Owner Details

AI Summary

Tega Industries Ltd has issued a clarification regarding the ultimate beneficial owners of AP Jupiter Holdings II, Ltd., an allottee in a proposed securities issuance. This update, pursuant to SEBI LODR Regulations, 2015, specifies that AP Jupiter Holdings II, Ltd. is an investment vehicle for funds managed by Apollo Global Management, Inc. As no single natural person holds over 10% or exercises ultimate control, the directors Mr. Gaurav Pant, Mr. James Elworth, Mr. Jack Chen, and Mr. Joel Tay are considered the ultimate beneficial owners for regulatory purposes. All other details of the postal ballot notice dated August 22, 2026, remain unchanged.

Key Highlights

  • Clarification on ultimate beneficial owners for AP Jupiter Holdings II, Ltd.
  • AP Jupiter Holdings II is an investment vehicle for Apollo Global Management funds.
  • Directors of AP Jupiter Holdings II identified as ultimate beneficial owners.
  • No natural person holds over 10% control in the proposed allottee.