STOCKWATCH
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Industrial Products
Subsidiary18 Apr 2026, 10:30 am

Tega Industries incorporates Tega Solutions, a wholly owned subsidiary

AI Summary

Tega Industries Limited has announced the incorporation of its wholly owned subsidiary, Tega Solutions Limited (TSL), in India. The Certificate of Incorporation was received on April 17, 2026, with the company officially incorporated on April 01, 2026. TSL has an Authorized Share Capital of ₹100 crore and a Paid-up Share Capital of ₹99 crore. The primary objective of TSL is to provide management consultancy services and function as a Global Capability Centre, including a Global Cost Centre, for various entities. TSL is considered a related party and is yet to commence its business operations. The incorporation was completed for cash consideration, with Tega Industries acquiring 100% shareholding.

Key Highlights

  • Tega Industries incorporated Tega Solutions Limited as a wholly owned subsidiary.
  • The new subsidiary has an authorized share capital of ₹100 crore.
  • Tega Solutions will provide management consultancy and act as a Global Capability Centre.
  • The subsidiary is a related party and is yet to commence commercial operations.
TEGA
Industrial Products
Tega Industries Ltd

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