Tega Industries Limited , a leading manufacturer of specialized 'critical to operate' and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry, has successfully completed its preferential share allotment process and received final trading approval from both major stock exchanges.

Trading Approval Confirmation

The company has received trading approval from both National Stock Exchange of India Limited (NSE) and BSE Limited for 85,92,206 equity shares of Rs 10.00 each allotted on preferential basis. The trading approval was granted on December 30, 2025, with trading commencing from December 31, 2025.

Preferential Allotment Details

The company raised Rs 1,713.29 crore through the preferential share allotment, marking a substantial boost to its capital structure. The allotment was made to a diverse group of investors, including promoters and non-promoters, indicating broad-based interest in the company's growth prospects.

Lock-in Period and Compliance

The preferentially allotted shares are subject to lock-in periods as per regulatory requirements. The shares have varying lock-in periods, with some shares locked until July 10, 2026, and others until July 10, 2027, depending on the category of allottees. The company has ensured compliance with all provisions of Regulation 30 of the SEBI Listing Regulations.

Impact on Share Capital Structure

The preferential allotment has resulted in a significant increase in Tega Industries' paid-up share capital by 12.91%. Upon receipt of trading approvals, the company's listed capital becomes Rs 75,12,76,980, comprising 7,51,27,698 fully paid equity shares of Rs 10.00 each.

Financial Implications

Examining Tega Industries' recent balance sheet data provides context for this capital raise:

The preferential allotment is expected to further bolster the company's financial position, potentially impacting these metrics positively. For investors, this development signifies strong investor confidence in Tega Industries' business model and growth prospects, along with potential for accelerated growth backed by fresh capital infusion.

Tega Industries has seen a significant increase in Tata Mutual Fund's stake through a primary market purchase preferential allotment, according to recent market developments. The fund's holding in the company has risen from 2.09% to 5.36%, marking a substantial increase in its investment position.

Key Details of the Transaction

Impact on Tega Industries' Capital Structure

The preferential allotment has led to an expansion in Tega Industries' equity share capital. The company's equity base has increased from Rs. 66.53 crores to Rs. 76.57 crores, reflecting the new shares issued as part of this transaction.

Implications for Tega Industries

This increased investment by Tata Mutual Fund may be seen as a vote of confidence in Tega Industries' business prospects and growth potential. The expanded equity base could potentially provide the company with additional capital for its operations and strategic initiatives.

Recent Company Performance

While not directly related to this transaction, it's worth noting that Tega Industries has recently reported strong financial performance. In their Q2 earnings call, the company highlighted:

• Consolidated revenue of INR 4,211.00 million for Q2, representing a 15% year-on-year growth.
• EBITDA of INR 849.00 million for Q2, maintaining healthy margins of around 20%.
• Robust performance in the equipment business, which delivered revenue of INR 707.00 million, a 55% growth year-on-year.

Outlook

Tega Industries maintains a positive outlook, with an order book of approximately INR 11,556.00 million as of September 30. Of this, INR 7,306.00 million is scheduled for execution over the next 12 months, providing strong visibility into near-term revenues.

The increased stake by Tata Mutual Fund, coupled with Tega Industries' strong financial performance and healthy order book, suggests a positive sentiment towards the company's future prospects in the market.