Tega Industries Shares Gain Over 2% Before September 18 Board Meet to Discuss Fundraising

Kolkata, September 17, 2025: Tega Industries Limited (NSE: TEGA, BSE: 543413) surged high before its scheduled Board of Directors meeting on Thursday, September 18, 2025, to consider a proposal for fundraising through the issue of equity shares on a preferential basis, subject to the approval of shareholders.

The firm also stated that it might call an extraordinary general meeting (EGM) or seek a postal ballot procedure to obtain shareholder approval for the fundraising action.

In compliance with regulatory requirements, Tega affirmed that the trading window for the specified persons and their immediate family members is closed from September 15, 2025, to 48 hours after the Board meeting.

Listed in December 2021, Tega Industries Limited is in the industrial products sector and is included in the Nifty Total Market index. It is involved in the distribution and manufacturing of specialized mining and bulk material handling products.

Stock Performance

On September 17, 2025, Tega Industries shares closed 2.45% higher at ₹2,120.10 on NSE, against the previous close of ₹2,069.50. The stock had an intraday high of ₹2,125.00 and an intraday low of ₹2,075.00, with traded volume at 5.09 lakh shares worth ₹106.72 crore. Tega’s market capitalisation is currently ₹14,025.68 crore.

REF: https://nsearchives.nseindia.com/corporate/TEGA_15092025215002_Prior_Intimation_Board_Meeting_sd.pdf

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