Tega Industries updated its postal ballot notice on September 8, 2026, to clarify the identity of ultimate beneficial owners for proposed allottee AP Jupiter Holdings II Ltd. The clarification follows a specific requirement from the National Stock Exchange of India Limited regarding the company’s earlier communication dated August 22, 2026.

The update pertains to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the information is provided in furtherance of its earlier filing and addresses the exchange's query directly.

Beneficial Ownership Structure

AP Jupiter Holdings II Ltd is categorized as a public allottee. It operates as an investing vehicle for funds managed or advised by affiliates of Apollo Global Management, Inc., which is listed on the New York Stock Exchange.

The disclosure specifies that no natural person holds more than 10% of the shares, capital, or profits of the proposed allottee. Furthermore, no individual exercises control over the entity. Consequently, the management and affairs are vested in its directors.

Under Regulation 163(1)(f) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, these directors are considered the ultimate beneficial owners for the purpose of this transaction.

Regulatory Compliance

All other contents of the postal ballot notice remain unchanged. The updated information is available on the company’s website. Manjuree Rai, Company Secretary and Compliance Officer, signed the communication.

Tega Industries has recommended a final dividend of ₹2 per equity share for the financial year ended March 31, 2026. The Board of Directors approved this payout during its meeting on May 29, 2026.

The dividend represents 20% of the ₹10 face value per share. Shareholders on record as of September 14, 2026, will be eligible for the distribution, subject to approval at the upcoming Annual General Meeting (AGM).

Dividend and Record Date

The company has fixed Monday, September 14, 2026, as the record date to determine shareholder eligibility for the FY26 final dividend. If approved at the AGM, payments will be made on or before October 23, 2026.

Payments will be processed electronically via online transfer modes. Shareholders holding physical shares must update their KYC details, including PAN and bank account information, to receive dividends directly into their bank accounts as per SEBI regulations effective April 1, 2024.

AGM and Voting Details

The 50th AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs circulars. Remote participants will be reckoned for quorum purposes under Section 103 of the Companies Act, 2013. Proxy appointments are not available for this virtual meeting.

Remote e-voting facilities will be provided by MUFG Intime India Private Limited. The voting window opens on Friday, September 18, 2026, at 9:00 am and closes on Monday, September 21, 2026, at 5:00 pm. Only members whose names appear in the Register of Members or Beneficial Owners as of the cut-off date, Thursday, September 17, 2026, are entitled to vote.

The company is also sending a letter to members whose email addresses are not registered, providing a weblink to access the Annual Report on the company's website.

Tax Implications

Under the Income Tax Act, 2025, dividends distributed on or after April 1, 2020, are taxable in the hands of shareholders. Tega Industries will deduct tax at source (TDS) while making the final dividend payment. Shareholders are advised to submit relevant documents to the company or its Registrar and Share Transfer Agent to ensure the correct TDS rate is applied.