The Board of Directors of Tega Industries Limited approved the creation, issue, and offer of 10,033,090 equity shares through a preferential issue on a private placement basis, aggregating up to ₹2,000.60 Crores. This decision was made at a board meeting held on September 18, 2025.
The equity shares, with a face value of ₹10 each, will be offered to certain identified investors, referred to as "Proposed Allottees," as detailed in Table A. The issue price is set at ₹1,994 per equity share, which includes a premium of ₹1,984 per share.
The preferential issue is subject to the approval of regulatory and statutory authorities, as well as the shareholders of the company. The Board has also noted and taken on record the Expression of Interest (EOI) Letters provided by the Proposed Allottees.
Additionally, the Board has approved the convening of an Extra-Ordinary General Meeting (EGM) of the Company on Friday, October 10, 2025, at 11:00 a.m. at Mini Auditorium, Science City, Kolkata, to seek necessary approval of the shareholders for the Preferential Issue.
Details of the Preferential Issue
| Particulars | Details |
|---|---|
| Type of Securities | Equity Shares |
| Type of Issuance | Preferential Issue |
| Total Number of Securities | Up to 10,033,090 Equity Shares |
| Issue Price | ₹1,994 per Equity Share (including premium of ₹1,984) |
| Total Amount | ₹2,000.60 Crores |
| Names of Investors | As mentioned in Table A below |
| Post Allotment Outcome | As mentioned in Table A below |
| Convertibles Intimation | Not applicable |
| Cancellation or Termination | Not applicable |
Table A: Proposed Allottees
| SI. No. | Name of the proposed allottees | Category | Max no. of shares to be issued & allotted | Amount (₹ in crore) |
|---|---|---|---|---|
| 1 | NIHAL FISCAL SERVICES PRIVATE LIMITED | Promoter | 220,661 | 44.00 |
| 2 | MEHUL MOHANKA | Promoter | 150,451 | 30.00 |
| 3 | MADAN MOHAN MOHANKA | Promoter | 150,451 | 30.00 |
| 4 | MANJU MOHANKA | Promoter | 100,300 | 20.00 |
| 5 | ARVAN MOHANKA FAMILY TRUST | Promoter Group | 25,075 | 5.00 |
| 6 | AMAYRA MOHANKA FAMILY TRUST | Promoter Group | 25,075 | 5.00 |
| 7 | MANISH MOHANKA BENEFIT TRUST | Promoter Group | 100,300 | 20.00 |
| 8 | TATA MUTUAL FUND | Qualified Institutional Buyer | 2,507,522 | 500.00 |
| 9 | BANDHAN MUTUAL FUND | Qualified Institutional Buyer | 1,053,159 | 210.00 |
| 10 | TATA AIA LIFE INSURANCE COMPANY LIMITED | Qualified Institutional Buyer | 1,003,009 | 200.00 |
| 11 | ICICI PRUDENTIAL MUTUAL FUND | Qualified Institutional Buyer | 752,256 | 150.00 |
| 12 | TATA AIG GENERAL INSURANCE CO LTD. | Qualified Institutional Buyer | 501,504 | 100.00 |
| 13 | MUKUL MAHAVIR AGRAWAL | Individual | 501,504 | 100.00 |
| 14 | GENESIS ADVERTISING PRIVATE LIMITED | Body Corporate | 501,504 | 100.00 |
| 15 | MAHINDRA MANULIFE MUTUAL FUND | Qualified Institutional Buyer | 325,977 | 65.00 |
| 16 | ADITYA BIRLA SUN LIFE AMC | Qualified Institutional Buyer | 300,902 | 60.00 |
| 17 | COHESION MK BEST IDEAS SUB-TRUST | Qualified Institutional Buyer | 300,902 | 60.00 |
| 18 | 360 ONE MUTUAL FUND | Qualified Institutional Buyer | 250,752 | 50.00 |
| 19 | ITI MUTUAL FUND | Qualified Institutional Buyer | 250,752 | 50.00 |
| 20 | ANJANA PROJECTS PRIVATE LIMITED | Body Corporate | 200,601 | 40.00 |
| 21 | VIKASH SOMANI | Individual | 150,451 | 30.00 |
| 22 | RATNABALI EQUITY PRIVATE LIMITED | Body Corporate | 125,376 | 25.00 |
| 23 | SUSHMA ANAND JAIN | Individual | 100,300 | 20.00 |
| 24 | DEVANSH TRADEMART LLP | Body Corporate | 75,225 | 15.00 |
| 25 | SURESH KUMAR SOMANI | Individual | 67,703 | 13.50 |
| 26 | RATNABALI INVESTMENT PRIVATE LIMITED | Body Corporate | 62,688 | 12.50 |
| 27 | JAISHREE SOMANI | Individual | 60,180 | 12.00 |
| 28 | ERISKA INVESTMENT FUND LIMITED | Body Corporate | 50,150 | 10.00 |
| 29 | NEXOME CAPITAL MARKETS LIMITED | Body Corporate | 25,075 | 5.00 |
| 30 | DIVYA SOMANI | Individual | 22,567 | 4.50 |
| 31 | DALJIT SINGH SAHNEY | Individual | 20,060 | 4.00 |
| 32 | NAMITA SOMANI | Individual | 12,537 | 2.50 |
| 33 | SAKHI SINGHI | Individual | 10,030 | 2.00 |
| 34 | ABHINAV CHANDAK | Individual | 5,015 | 1.00 |
| 35 | NAMEETA REDHU MOHANKA | Individual | 5,015 | 1.00 |
| 36 | SHARAD KUMAR KHAITAN | Employee | 2,507 | 0.50 |
| 37 | MADHU DUBHASHI | Director | 2,006 | 0.40 |
| 38 | ANAND SEN | Director | 1,504 | 0.30 |
| 39 | ASHWANI MAHESHWARI | Director | 1,253 | 0.25 |
| 40 | SANJEEV KUMAR MISHRA | Employee | 1,003 | 0.20 |
| 41 | KRISHANU DAS | Employee | 1,003 | 0.20 |
| 42 | MANJUREE RAI | Employee | 752 | 0.15 |
| 43 | RUPAM KUMAR DAS | Employee | 551 | 0.11 |
| 44 | TRISHA JAIN | Individual | 501 | 0.10 |
| 45 | SHIRAJ CHAKRABORTY | Employee | 501 | 0.10 |
| 46 | TAPANJYOTI GOSWAMI | Employee | 501 | 0.10 |
| 47 | RICHA DHINGRA | Employee | 501 | 0.10 |
| 48 | SHIVAM NIGAM | Employee | 451 | 0.09 |
| 49 | HIMANSHU RAIJADA | Employee | 401 | 0.08 |
| 50 | MALVIKA SINGH | Employee | 351 | 0.07 |
| 51 | RAVINDRA KUMAR DHING | Employee | 300 | 0.06 |
| 52 | JAYANTA KUMAR BAJPAYEE | Employee | 250 | 0.05 |
| 53 | MANISH MANWANI | Employee | 250 | 0.05 |
| 54 | ASHIM SARKAR | Employee | 250 | 0.05 |
| 55 | SOURAV SEN | Employee | 250 | 0.05 |
| 56 | RAKTIM ADHIKARI | Employee | 250 | 0.05 |
| 57 | ABHISHEK ΤΑΝΤΙΑ | Employee | 225 | 0.04 |
| 58 | DIPANKAR BAKSHI | Employee | 150 | 0.03 |
| 59 | KARTICK SAHA | Employee | 150 | 0.03 |
| 60 | SAURAV ROY | Employee | 125 | 0.02 |
| 61 | SUDHA NAUTIYAL | Employee | 125 | 0.02 |
| 62 | SATHISH BABU E | Employee | 100 | 0.02 |
| 63 | NAGARAJ G | Employee | 100 | 0.02 |
| 64 | SANDIP MUKHERJEE | Employee | 100 | 0.02 |
| 65 | RUPAK KUMAR DAS | Employee | 100 | 0.02 |
| 66 | PINTU KUMAR HALDER | Employee | 100 | 0.02 |
| 67 | SANTANU DASMAHAPATRA | Employee | 100 | 0.02 |
| 68 | CHAUHAN ABHIRAJSINH | Employee | 100 | 0.02 |
| 69 | ABHISHEK | Employee | 100 | 0.02 |
| 70 | KRISHNA PAL SINGH | Employee | 100 | 0.02 |
| 71 | SUMIT SOURAV PAHI | Employee | 100 | 0.02 |
| 72 | ANIRBAN DAS | Employee | 100 | 0.02 |
| 73 | BASANTA PRAVAT SAHA | Employee | 100 | 0.02 |
| 74 | PRALAY DUTTA | Employee | 100 | 0.02 |
| 75 | PRANTICK SWARNAKAR | Employee | 100 | 0.02 |
| 76 | ANIRUDDHA CHATTARAJ | Employee | 75 | 0.01 |
| 77 | BIKASH KUMAR SHAW | Employee | 75 | 0.01 |
| 78 | BISWA KUMAR ACHARJEE | Employee | 50 | 0.01 |
| 79 | ASHOK KUMAR MISHRA | Employee | 50 | 0.01 |
| 80 | SANDIP GIRI | Employee | 50 | 0.01 |
| 81 | MANOJIT SEN | Employee | 50 | 0.01 |
| 82 | DEBASHIS KOLEY | Employee | 50 | 0.01 |
| 83 | PRADEEP KUMAR DAS | Employee | 50 | 0.01 |
| 84 | MRINAL KANTI ROY | Employee | 50 | 0.01 |
| 85 | KOUSHIK KARANJAI | Employee | 50 | 0.01 |
| Total | 1,00,33,090 | 2,000.60 |
The preferential issue is subject to the approval of regulatory and statutory authorities, as well as the shareholders of the company.
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