Tega Industries Board Approves ₹2,000.60 Crore Preferential Issue

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.

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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.

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Preferential Issue Details
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

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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Tega Industries Board Approves ₹2,000.60 Crore Preferential Issue