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