Tega Industries appoints Ravi Narayan Joshi as new CFO

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TEGA · price

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Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹1571.00

prior close

₹1582.30

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.2%+0.5% vs market

Industrial Products peers, median of 131sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Smallcap 250 and 0.7 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+0.7+0.2+0.5+0.0+0.7

Next day

+3.5+0.2+3.3-0.1+3.5

+4.4+0.1+4.3+0.6+3.8

+4.8+0.3+4.5-0.3+5.1

+4.1+0.1+4.1-0.4+4.6

+6.0+0.2+5.8-0.4+6.4

+11.0-0.1+11.1-0.9+11.9

15d

+3.1+0.6+2.5-0.6+3.6

+2.6+0.9+1.7+0.8+1.8

+33.2-2.3+35.5+0.9+32.3

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UpDownMarket · Nifty Smallcap 250Sector · Industrial Products peers, median of 131Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board of Tega Industries has appointed Mr. Ravi Narayan Joshi as the new Chief Financial Officer and Key Managerial Personnel effective August 6, 2026. He is a Chartered Accountant with over 21 years of experience across Hindustan Zinc, Vedanta, and Balkrishna Industries. Mr. Shyama Prasad Ganguly, who served as Interim CFO since May 6, 2026, steps down as CFO and KMP but continues as General Manager Finance and Accounts.

Likely market impact

Permanent CFO brings stability after a three month interim stint. Joshi adds strong finance, M&A, and ESG oversight experience from large listed firms.