Business Update18 Sept 2026, 06:30 pm
Tega McNally Minerals Secures ₹126 Cr Contract
AI Summary
Tega Industries Ltd announced that its wholly owned material subsidiary, Tega McNally Minerals Limited (TMML), has entered into a contract worth INR 126 crore with Kalpataru Projects International Limited. The contract, to be executed over 14 months, covers design, engineering, manufacturing, supply, and commissioning of equipment. This development is considered a significant business update for Tega Industries, highlighting the operational progress of its subsidiary.
Key Highlights
- Subsidiary TMML awarded a ₹126 crore contract.
- Contract duration is 14 months.
- Scope includes design, engineering, and supply of equipment.
- Awarded by domestic entity Kalpataru Projects International Limited.
- No promoter interest in the awarding entity.
Price Impact
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