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Tega Industries Boosts Capital with New Share Allotment

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Tega Industries Boosts Capital with New Share Allotment

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The latest announcement is out from Tega Industries Ltd. ( (IN:TEGA) ).

Tega Industries Limited has announced the allotment of 8,592,206 fully paid-up equity shares at an issue price of INR 1994 per share through a preferential issue, significantly increasing its paid-up equity share capital. This move, approved by the Board and shareholders, aims to bolster the company’s financial standing, with the shares set to be listed on the stock exchanges soon.

More about Tega Industries Ltd.

Average Trading Volume: 14,981

Technical Sentiment Signal: Buy

Current Market Cap: 128.4B INR

See more insights into TEGA stock on TipRanks’ Stock Analysis page.

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