TEGANSETega Industries LimitedLowNeutral
Announced Tue, 30 Dec · 20:04 IST

Tega Industries Limited has informed the Exchange about intimation of receipt of Trading Approval from National Stock Exchange of India Limited and BSE Limited.

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TEGA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tega Industries Limited has received trading approval from both NSE and BSE for 85,92,206 equity shares of Rs. 10 each, which were allotted to Promoters and Non-Promoters on a preferential basis at a premium of Rs. 1,984 per share. These new shares will be admitted to trading on the exchanges from December 31, 2025, raising the company's total listed share count to 7,51,27,698 equity shares and listed capital to Rs. 75,12,76,980. Lock-in restrictions apply to these shares, with most allottees locked in until July 10, 2026, and a portion locked in until July 10, 2027, preventing early sale. The allotment is a follow-up to earlier intimations dated November 14, November 29, and December 19, 2025.

Likely market impact

This increases Tega's outstanding share count by roughly 13%, which will dilute earnings per share for existing shareholders. Because the preferential issue was priced at a significant premium (Rs. 1,984 over face value of Rs. 10), it indicates strong valuation support, but the eventual expiry of lock-in periods in mid-2026 and mid-2027 could add supply-side pressure on the stock.