TEGABSETega Industries LtdHighPositive
Announced Fri, 29 May · 14:15 IST

The Board of Directors at their meeting held on May 29, 2026 approved Final Dividend of Rs. 2/- per equity share (20%).

Corporate Actions View source PDF

TEGA · price

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▲ 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
+12.7%1-day move
₹1600.00
prior close
₹1649.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.9+6.6+6.4+4.1+12.7+13.3+14.4+16.9+15.4+12.2+12.4+5.9
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AI summary

Tega Industries' Board approved a final dividend of ₹2 per share (20% on ₹10 face value) for FY26, subject to shareholder approval at the 50th AGM on September 24, 2026, with record date September 14, 2026. Consolidated revenue grew modestly to ₹16,919 million (+3% YoY), but profit after tax declined to ₹1,426 million from ₹2,001 million in the prior year. The company also completed a major preferential allotment of 8.59 million shares in November 2025 at ₹1,994 per share, raising paid-up capital from ₹665 million to ₹751 million. The company is in the process of acquiring the MolyCop Group, with related expenses of ₹775.77 million recognised in consolidated results. Unmodified audit opinions were issued for both standalone and consolidated results.

Likely market impact

A modest 20% dividend signals a stable payout but comes alongside a significant earnings decline in FY26, which may temper enthusiasm. The large equity dilution from the November 2025 preferential issue reduces per-share dividend attractiveness despite the absolute payout amount.