Announced Mon, 1 Jun, 2026 · 22:52 IST
Tega Industries completes Molycop acquisition worth USD 1.5 billion
TEGA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹1803.00
prior close
₹1805.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+1.3+2.0+1.3+1.5+3.7+2.4-2.1-0.5-6.5-3.8-7.6-12.3-14.7
Up moveDown movePending
AI summary
Tega Industries, with Apollo Funds, has completed the Molycop acquisition, a global grinding media leader. Enterprise value is about USD 1.5 billion; closing price is USD 393 million. Tega owns about 84.2 percent and Apollo about 15.8 percent in the Singapore HoldCo. Up to USD 120 million in contingent payment possible. Molycop has 13 manufacturing plants across more than 40 countries. Tega will be a top mining consumables supplier.
Likely market impact
Tega becomes a top global mining consumables supplier after closing major Molycop acquisition. USD 393 million paid at closing. Stock may react.