HDFC Mutual Fund Acquires 5.02% Stake in Tega Industries Through Open Market Purchase

1 min read     Updated on 03 Feb 2026, 03:21 PM
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Reviewed by
Jubin VScanX News Team
Overview

HDFC Mutual Fund has disclosed acquiring 5.02% stake in Tega Industries Limited through open market purchase of 1,00,000 shares on January 29, 2026. The acquisition increased the fund's holdings from 4.89% to 5.02%, involving three HDFC schemes managed by HDFC Trustee Company Limited. The disclosure was made under SEBI Regulation 29(1) with formal communication to stock exchanges BSE and NSE.

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*this image is generated using AI for illustrative purposes only.

Tega Industries has received formal disclosure from HDFC Mutual Fund regarding a substantial acquisition that has increased the fund house's shareholding to 5.02% of the company's paid-up equity share capital. The disclosure, made under SEBI Regulation 29(1), was communicated to the company on February 02, 2026.

Acquisition Details

HDFC Mutual Fund acquired 1,00,000 shares of Tega Industries through open market transactions on January 29, 2026. This acquisition represents 0.13% of the company's total share capital and increased the fund's aggregate holdings from 4.89% to 5.02%.

Parameter Before Acquisition Acquisition After Acquisition
Number of Shares 36,73,756 1,00,000 37,73,756
Percentage Holding 4.89% 0.13% 5.02%
Mode of Acquisition - Open Market -

Company Share Capital Structure

Tega Industries' paid-up equity share capital stands at Rs. 75,12,76,980/-, comprising 7,51,27,698 equity shares of Rs. 10/- each. The share capital structure remained unchanged following this acquisition, with no dilution through convertible securities or warrants.

HDFC Mutual Fund Schemes Involved

The acquisition was made through multiple HDFC Mutual Fund schemes managed by HDFC Trustee Company Limited:

  • HDFC Children's Fund
  • HDFC Balanced Advantage Fund
  • HDFC Small Cap Fund

The fund house confirmed that it does not belong to the promoter or promoter group of Tega Industries.

Regulatory Compliance

Compliance Aspect Details
Regulation SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Disclosure Requirement Regulation 29(1)
Acquisition Date January 29, 2026
Disclosure Date February 02, 2026
Stock Exchanges Notified BSE Limited, National Stock Exchange of India Limited

The disclosure was signed by Dinesh Bhakade, Deputy Vice President - Compliance at HDFC Asset Management Company Limited, which serves as the investment manager for HDFC Mutual Fund. The formal communication was addressed to Ms. Manjuree Rai, Company Secretary & Compliance Officer of Tega Industries Limited at their Kolkata office.

Holdings Summary

The acquisition brings HDFC Mutual Fund's total shareholding in Tega Industries to 37,73,756 shares, representing 5.02% of the company's paid-up equity share capital. The fund house holds no encumbered shares, voting rights other than through equity shares, or any convertible securities in the company.

Historical Stock Returns for Tega Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.74%+6.44%-6.52%-3.47%+19.50%+151.10%

Tega Industries Board Approves De-registration of Australian Subsidiary

0 min read     Updated on 30 Jan 2026, 01:08 PM
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Reviewed by
Shriram SScanX News Team
Overview

Tega Industries board has approved the voluntary de-registration of its wholly owned subsidiary Tega Australia, with AUD 84,778 set to be returned to the parent company. The company has assured that this corporate restructuring decision will not affect its ongoing business operations.

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Tega Industries has announced a significant corporate restructuring decision involving its Australian operations. The company's board has formally agreed to proceed with the voluntary de-registration of its wholly owned subsidiary, Tega Australia.

Financial Impact

The de-registration process involves the return of funds to the parent company. The following table outlines the key financial details:

Parameter: Details
Amount to be Returned: AUD 84,778
Recipient: Parent Company (Tega Industries)
Transaction Type: Capital Return

Business Operations Status

The company has emphasized that this corporate action will not disrupt its ongoing business activities. The de-registration of Tega Australia represents a strategic decision to streamline the corporate structure while maintaining operational continuity.

Corporate Restructuring Details

The voluntary de-registration reflects the company's approach to optimizing its subsidiary structure. Key aspects of this decision include:

  • Formal board approval for the de-registration process
  • Planned return of AUD 84,778 to the parent entity
  • Assurance of no impact on business operations
  • Strategic streamlining of corporate structure

This move demonstrates Tega Industries' focus on efficient corporate governance and resource allocation while ensuring that core business functions remain unaffected by the subsidiary restructuring.

Historical Stock Returns for Tega Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.74%+6.44%-6.52%-3.47%+19.50%+151.10%

More News on Tega Industries

1 Year Returns:+19.50%