Tega Industries Limited has exercised its upsize option to increase investment by USD 35 million in its joint venture company, marking a significant expansion of its strategic investment initiative. The company informed stock exchanges on January 24, 2026, about this development under SEBI listing regulations.

Investment Structure Enhancement

The upsize option exercise has resulted in substantial changes to the investment structure of the joint venture. The following table outlines the revised investment allocation:

Tega MC Investment Pte. Ltd., the company's wholly owned subsidiary, will now hold approximately 84.2% of the total ordinary shareholding of Tega MC JV Holdings Pte. Ltd. (SG Company) upon completion of the enhanced investment.

Original Agreement Framework

The upsize option stems from the original share subscription agreement executed on November 28, 2025, involving multiple entities. The agreement was structured between Tega MC Investment Pte. Ltd. (Tega HoldCo), Tega MC SG Investments I Pte. Ltd. (RPS Company), AP Jupiter Holdco (SG) Pte. Ltd. (Apollo HoldCo), and Tega MC JV Holdings Pte. Ltd. (SG Company).

The company had initially disclosed this strategic partnership on November 29, 2025, outlining the framework for potential investment expansion through the upsize option mechanism.

Unchanged Investment Components

While the ordinary share investment has been enhanced, certain aspects of the investment structure remain unchanged. Apollo HoldCo's investment of USD 270 million in redeemable preference shares of RPS Company continues as originally planned, maintaining the stability of the preference share component of the overall investment framework.

Regulatory Compliance

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with disclosure requirements. The company has also made this information available on its official website at www.tegaindustries.com , maintaining transparency with all stakeholders.

This strategic investment expansion demonstrates Tega Industries' commitment to strengthening its position in the joint venture while maintaining regulatory compliance and stakeholder transparency.

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.