The board of Tega Industries at its meeting held on 28 November 2025 has allotted 85,92,206 fully paid-up equity shares of the Company having face value of Rs 10/- each, at an issue price of Rs 1994/- per equity share (including a premium of Rs 1984/-) on a preferential basis to the allottees, aggregating up to Rs. 17,13,28,58,764. Consequent to the said allotment, the paid-up equity share capital of the Company stands increased from Rs. 6,65,35,4920 (6,65,35,492 fully paid equity shares of Rs. 10/- each) to Rs. 75,12,76,980 (7,51,27,698 fully paid equity shares of Rs. 10/- each), ranking pari-passu, in all respects with the existing equity shares of the Company. Powered by Capital Market - Live News

Tega Industries has entered into a definitive agreement with an affiliate of funds managed by American Industrial Partners (AIP) to acquire Molycop, a leading global supplier of grinding media for the mining industry, alongside funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO). The company has also announced the successful completion of its fundraise by way of a preferential issue of equity shares.On 10 September 2025, Tega Industries Limited, in consortium with funds managed by affiliates of Apollo (NYSE: APO), entered into a term sheet to acquire Molycop at an enterprise value of approx. USD 1.48 billion. The parties have executed a definitive agreement to acquire Molycop with an enterprise value of approx. USD 1.45 billion. Tega will become a leading player in the sector at a time when mineral demand is poised to grow exponentially, upon completion of the acquisition. The completion of the transaction is subject to customary closing conditions, including receipt of required regulatory approvals. Upon closing of the transaction, Tega will operate an extensive manufacturing platform comprising 26 manufacturing facilities across the globe, gain access to an expanded customer base, and be able to offer a comprehensive bouquet of solutions to its customers. The Company has raised approx. Rs 1,713 crore. After having obtained all requisite approvals, the allotment of equity shares of face value Rs 10 each is at an issue price of Rs 1,994 per equity share (including a premium of Rs 1,984). This fundraise was notable as it witnessed a very strong response from marquee domestic institutional investors and HNIs.Powered by Capital Market - Live News

Tega Industries has incorporated a wholly owned subsidiary named Tega MC Investment in Singapore with effect from 18 November 2025. The object of incorporation of this subsidiary is to make investment in businesses including subsidiaries, joint ventures etc. Powered by Capital Market - Live News

Net profit of Tega Industries rose 522.44% to Rs 44.94 crore in the quarter ended September 2025 as against Rs 7.22 crore during the previous quarter ended September 2024. Sales rose 14.73% to Rs 405.35 crore in the quarter ended September 2025 as against Rs 353.30 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales405.35353.30 15 OPM %17.079.72 - PBDT81.5742.42 92 PBT58.7315.80 272 NP44.947.22 522 Powered by Capital Market - Live News

Tega Industries will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live News