Archive · 18 Sep 2025

Tega Industries to Issue Shares to Raise ₹2,000 Crore

Tega Industries to Issue Shares to Raise ₹2,000 Crore

Tega Industries plans to sell new shares to investors to get about ₹2,000 crore.

This is done by selling shares at a slightly discounted price.

Investors like Mukul Agarwal and funds like Tata Mutual Fund are going to buy these shares.

This decision follows the company's earlier plans to raise more money.

Shareholders will vote on this at a meeting in October 2025.

Despite the fundraising, the company's stock price dropped a bit on Thursday, though it has still increased by a lot in the last six months.

Sources