Announced Thu, 15 Oct, 2026 · 12:52 IST

Board approves car purchase of Rs 40 lakh funded by Bank of Baroda loan

Board & Shareholder Meetings View source PDF Explain this filing

TEJA · price

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Price reactionminutes from the announcement price · days from the prior close

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₹208.10

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Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+6.4% vs market

On the reaction day the stock moved 6.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Teja Engineering's board approved buying a car for business use worth Rs 40 lakh. To fund this, the company will take a vehicle loan of up to Rs 40 lakh from Bank of Baroda. The board also reviewed other routine business matters on the agenda. The board meeting ran from 12:10 pm to 12:30 pm on October 15, 2026.

Likely market impact

Very minor routine decision. No material impact on operations or financials expected.