Tega Industries Limited has informed the Exchange regarding 'Update on subsidiary'.
TEGA · price
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Tega Industries' wholly owned subsidiary, Tega McNally Minerals Limited, has appointed Mr. Sourav Sen as its new Chief Executive Officer effective July 08, 2025. He replaces Mr. Syed Yaver Imam, who has stepped down as CEO citing personal pre-occupations. The disclosure was filed under SEBI Listing Regulation 30 to inform the stock exchanges about the change. The announcement was signed by Manjuree Rai, Company Secretary & Compliance Officer of Tega Industries.
This is a routine leadership transition at the subsidiary level and is unlikely to materially affect Tega Industries' operations or stock price. Investors may want to monitor how smoothly the new CEO transition is managed at the subsidiary.